Kampala, Uganda | THE INDEPENDENT | The number of internet subscribers who paid the social media tax reduced from 8.04 million in July 2018 to 6.84 million people in September, according to a quarterly report by Uganda Communications Commission (UCC). The amount of money collected from Over The Top-OTT tax …
Read More »France nears implementation of digital tax
Paris, France | AFP | France will push ahead with its own tax on large internet and technology companies by introducing a bill that would be retroactive to January 1, its finance minister said Sunday. The move comes as the European Union tries to finalise an EU-wide levy. “We are …
Read More »Behind URA’s Digital Tax Stamps controversy
SICPA embroiled in fraud cases in various countries Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan government has bowed to pressure from manufacturers and decided to put on hold the introduction of Digital Stamps intended to plug revenue leakages. This follows a series of meeting between the Minister of Finance, Planning and …
Read More »France to push ahead with digital tax starting January 1
Paris, France | AFP | France will push ahead with its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday, as the European Union struggles to finalise a new EU-wide levy. France has been driving hard for a new so-called “GAFA …
Read More »France to introduce tax on large internet, tech firms
Paris, France | AFP | France will introduce its own tax on large internet and technology companies from January 1, Finance Minister Bruno Le Maire said Monday amid difficulties in finalising a new EU-wide levy. France has been pushing hard for a new so-called “GAFA tax” — named after Google, …
Read More »Manufacturers raise red flag over digital tax stamps
Kampala, Uganda | THE INDEPENDENT | Ugandan manufacturers want Uganda Revenue Authority (URA) to explain what the DTS would achieve if a manufacturing sub-sector has no counterfeits. They want URA to show if the DTS will increase revenue collection and compliance considering that the formal manufacturers are already compliant, and show …
Read More »Kenya’s new paraffin taxes pushes paint prices up
Kampala, Uganda | THE INDEPENDENT | Kenyans will pay more for paints, resins and shoe polish on increased cost of kerosene, putting pressure on housing and furniture costs. The country’s Business Daily reported on Oct. 11 that the imposition of 8% value added tax (VAT) and Sh18 adulteration fee per litre …
Read More »Scrap MM tax to promote financial inclusion
Kampala, Uganda | THE INDEPENDENT | The government should work towards scrapping the 1% mobile money and Shs200 social media taxes in a bid to promote financial inclusion. This is the view of the Principle of Makerere University Business School, Prof. Waswa Balunywa. Balunywa, who was on Oct.08 speaking at a …
Read More »COMMENT: More on OTT and Mobile money taxes
A tax which is not in pursuit of clear objectives is illogical and should be condemned COMMENT | JOSEPH BOSSA | Until recently, I had not taken much interest in taxation. My interest was aroused by the debate, now over shadowed by more hair-raising events happening in our fair land, regarding …
Read More »Paying more to avoid a tax
What reactions to social media tax reveals about attitudes Kampala, Uganda | RONALD MUSOKE | Frank Tumwebaze, the Minister of ICT and National Guidance is puzzled by the current resistance to the social media tax which his government recently introduced. “Why don’t you want to contribute to your economy?” says Minister …
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