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Tag Archives: tax

France, US agree to extend digital tax row talks

Paris, France | AFP | Emmanuel Macron and Donald Trump have agreed to extend negotiations on a dispute over a French tax on digital giants to the end of the year, postponing Washington’s threat of sanctions against Paris, a French diplomatic source said Monday. The source said the French and …

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2020/2021 Financial year budget to increase after negotiations with donors

Kampala, Uganda | THE INDEPENDENT  | The Director Budget in the Ministry of Finance, Kenneth Mugambe says that the proposed budget for the coming financial year 2020/2021 is expected to increase once on-going project negotiations that require external financing are concluded. According to the Budget framework paper accessed by URN, government …

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MPs want tax exemption for CCTV cameras

Kampala, Uganda | THE INDEPENDENT  | The proposal is contained in a motion by the Kasambya County MP Mbwatekamwa Gaffa that seeks to urge government to review the tax regime on Closed Circuit Television-CCTV security cameras and automotive tracking devices. Close to 3,000 CCTV cameras planned for Kampala Metropolitan policing …

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Population data, demographic dividend and tax collection key for Uganda’s economic growth

COMMENT | Ndereya Besi | This week, Uganda plays host to two African conferences. First, the 8th African Population Conference (APC) and the 4th International Conference on tax in Africa. APC is organized in conjunction with National Population Secretariat and supported by the Union of African Population Council in conjunction with United Nations Fund …

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Dutch say the tax party’s over for multinationals

The Hague, Netherlands | AFP | Long criticized at home and abroad for being a haven for giant corporations, the Netherlands announced fresh measures Tuesday to crack down on tax breaks for multinationals. Business-minded Dutch Prime Minister Mark Rutte, leading a fragile coalition, is backing a proposal originally tabled by …

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NSSF will not lend directly to government-MD

The government’s plan to amend the current NSSF Act has caused uproar among the public in the past days. NSSF’s Managing Director, Richard Byarugaba, spoke to The Independent’s Isaac Khisa about the motives behind the proposed law and its implications to the members and economy. What does this NSSF Amendment …

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PM Boris Johnson supports new digital tax

Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP |  British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …

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NEMA calls for removal of tax on gas to save forest cover

Kampala, Uganda | THE INDEPENDENT | The National Environment Authority (NEMA) Executive Director Tom Okurut has called for the removal of the tax on Liquefied Petroleum Gas (LPG) to encourage its use among Ugandans, instead of cutting forests for charcoal and firewood. LPG was exempt from taxation in 2006. But the …

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