Posted inEconomics

Uganda drops proposed tax on saving schemes, assets after public pressure

KAMPALA —The Government of Uganda has dropped tax proposals, including the 15% withholding tax rates on Unit Trust contributions or Collective Investment Schemes and another on assets following public protests. This was revealed by Deputy Speaker of Parliament Thomas Tayebwa, who commended Ugandans for protesting against the ‘unfair’ tax proposals. “Because of your push and […]

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