Posted inCompanies

Uganda steel industry faces revenue crisis amid trade misinvoicing, tax leaks

KAMPALA, Uganda — Uganda’s steel industry is grappling with a revenue crisis as trade misinvoicing and a sharp rise in tax exemptions drain billions of shillings from the national treasury. While the sector remains a top tax contributor, the government loses an estimated 99.7 billion shillings annually to trade misinvoicing. This practice involves the intentional […]

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