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Cabinet to discuss social media, mobile money tax today

Alex Taremwa by Alex Taremwa
July 16, 2018
in Business, Featured Stories, News
Reading Time: 1 min read
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The controversial mobile money and social media taxes are up for discussion as Cabinet sits, Matooke Republic can confirm. 

The said taxes have been subject of intense debate as both President Museveni and Finance Minister, Matia Kasaija conquered that the 1% Excise Duty on Mobile Money transactions was passed in error. 

The Cabinet meeting follows a directive by the Speaker of Parliament, Rebecca Kadaga to the Prime Minister to ensure that the said taxes are discussed and harmonised.

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President Museveni had last week directed that the mobile money tax be lessened to 0.5% from 1% and that deposits on personal numbers be excused from the taxation. 

 

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Alex Taremwa

Alex Taremwa

Founder of The Workshop Uganda

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