Uganda to Lose UGX 500bn to Tax Incentives in 2019/20 Financial Year

Uganda is set to lose more than 500 billion Shillings in tax waivers during the 2019/2020 financial year alone, the Uganda Revenue Authority has indicated. A tax waiver is when a company or an individual engaged in a certain activity where they are supposed to pay, is granted a chance not to pay. This can be mainly to make sure…

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