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Tag Archives: taxation

Parliament passes law restricting export of unprocessed tobacco

Kampala, Uganda | THE INDEPENDENT | Parliament passed the Tobacco Control (Amendment) Bill, 2020 scrapping taxation on processed tobacco restricting it on the unprocessed leaf for export. The Chairperson of the Committee on Finance, Hon. Henry Musasizi, in his report to Parliament said that the tax measures are meant to …

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US urges countries to suspend digital taxes

Washington, United States | AFP |  US Treasury Secretary Steven Mnuchin on Wednesday urged countries like France to suspend taxes on global computing giants and wait for a negotiated agreement on international taxation. As the United States is poised to impose tariffs of up to 100 percent on $2.4 billion …

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NSSF trashes proposal to tax savers benefits in new bill

Kampala, Uganda | THE INDEPENDENT |  The National Social Security Fund (NSSF) has said that the government should consider leaving the taxation issue out of new NSSF bill, 2019, because of the anxiety it sparked among the savers. The government had suggested that workers who wish to withdraw their savings at …

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Japan starts $9 departure tax for travellers

Tokyo, Japan | AFP | Japan on Monday started levying a 1,000 yen ($9.22) departure tax on each person leaving the country, a measure aimed at raising funds to further boost tourism. The International Tourist Tax will cover everyone regardless of nationality — from business people to holidaymakers older than …

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Now, S.Africa’s ex-president Zuma backs fired tax boss

Johannesburg, South Africa | AFP |  South Africa’s former president Jacob Zuma on Tuesday threw his weight behind the ex-head of the country’s tax collection agency who was recently sacked by President Cyril Ramaphosa. The move pitted Zuma directly against his successor Ramaphosa, who came to power in February when …

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South African president fires tax boss Moyane

Johannesburg, South Africa | AFP |  South Africa’s President Cyril Ramaphosa on Thursday sacked the head of the country’s tax collection agency, an ally of scandal-tainted former leader Jacob Zuma, said the presidency. The president dismissed Tom Moyane after a judiciary inquiry recommended his immediate removal “to forestall any further …

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