|Bahati defending his new tax proposals. PHOTO VIA @parliament_ug|
A summary of the Tax Amendment Bills 2018 - Uganda
The tax amendment bills 2018 have been tabled by the Hon. Minister of Finance, Planning and Economic Development and are currently being discussed in Parliament. These include: The Income Tax (Amendment) Bill, The Value Added Tax (Amendment) Bill, The Excise Duty (Amendment) Bill, The Tax Procedures Code (Amendment) Bill, Gaming (Amendment) Bill, Stamps Duty (Amendments) Bill, Tax Appeals Tribunal (Amendment) Bill, and Traffic & Road Safety (Amendment) Bill.
At this point these are proposals being discussed. However, if the bills are passed by Parliament and assented to by the President, they will become law effective 1st July 2018.
SOURCE: Global Taxation Services Ltd