The Ministry of Finance has slapped a harmonized excise duty rate of 12% on airtime, value-added services and internet data as substitute for Uganda's controversially approved Over The Top (OTT) tax.
"Some tax policy interventions to be implemented in FY2021/22 include rationalizing the excise duty regime on telecommunication services," state minister for finance and economic planning, Mr Amos Lugoloobi told MPs as he presented the 2021/22 national budget tailored towards industrialization for inclusive growth, employment and wealth creation.
...
AllAfrica Subscription Content
You must be an allAfrica.com subscriber for full access to certain content.
You have selected an article from the AllAfrica archive, which requires a subscription. You can subscribe by visiting our subscription page. Or for more information about becoming a subscriber, you can read our subscription and contribution overview.
For information about our premium subscription services:
You can also freely access - without a subscription - hundreds of today's top Africa stories and thousands of recent news articles from our home page »
Already a subscriber? Sign in for full access to article