Tag Archives: tax

Washington, U.S. | Xinhua | Three key U.S. Democratic senators on Tuesday released a proposal for a minimum tax on corporate profits to help pay for President Joe Biden’s economic agenda. The proposal, released by Senate Finance Committee Chairman Ron Wyden and Senators Elizabeth Warren and Angus King, would create a …

Arua, Uganda | THE INDEPENDENT | The family of a 23-year-old man who was shot by a Uganda Revenue Authority (URA) enforcement officer in Arua district are demanding Sh15 million in compensation. Phillian Anguni, a resident of Anzuu village in Vurra sub-county Arua district was shot on the right thigh …

New policies will no doubt deter tourism arrivals and further dampen appetite for travel in an environment that is now more expensive due to added cost of COVID tests COMMENT | DEREK NSEKO | News that the Uganda parliament has okayed a $10 tax on outbound passengers from Uganda comes as …

Kampala, Uganda | THE INDEPENDENT | Dealers in imported garments have got some reprieve, after the Minister for Finance, Planning and Economic Development Matia Kasaija announced a waiver of some tax on the goods. In the budget for the financial year 2021/2022 read last month, the minister introduced an import duty …

Kampala, Uganda | THE INDEPENDENT | The government has started implementing the new 12% excise duty on airtime and internet data, among other fiscal measures for the year 2021/2022 that started Thursday. The new tax was part of the amendments in the Excise Duty Act and replaces the Over the …

Experts, government suggest ways to easing trade among partner states Kampala, Uganda | JULIUS BUSINGE | There is a growing concern amongst the business community that the COVID-19 lockdown measures are a danger to business activities, and if not carefully eased, could make the situation worse going forward. This is …

Kampala, Uganda | THE INDEPENDENT |  Parliament has passed a 12% tax on internet data.  The tax measure is contained in the Excise duty amendment bill 2021 that among other things has introduced a 100 shillings’ tax on every liter of fuel. The new tax proposals also repealed the daily 200 …

Kampala, Uganda | THE INDEPENDENT | Government has abandoned the proposal to impose a 200,000 shillings license on vehicles and instead introduced a 100 shillings tax per litre of fuel to raise revenue. This was revealed by Finance Minister in charge of planning David Bahati who was appearing before the finance committee …

URA’s legal win means benefits will be subjected to PAYE Kampala, Uganda | JULIUS BUSINGE | It is now official that workers who will be paid benefits as a result of retrenchment will be subjected to Pay as You Earn tax – which is 30% of the total earnings. This …

Kaabong, Uganda | THE INDEPENDENT | Kaabong district authorities have announced plans to tax artisanal miners in the district. This follows several requests by the miners and residents requesting for improved service delivery. The miners want the district to construct water sources in the mining areas. Albine Dwo, the district …