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Uganda to review mobile money and social media taxes: prime minister | Africanews - 7 months ago, 12 July 03:25

By: Daniel Mumbere

Uganda’s prime minister, Ruhakana Rugunda has announced that government will review the controversial social media and mobile money taxes, in the wake of a public outcry.

The parliament last month passed the Excise Duty (Amendment) Bill 2018 that introduced a levy of 200 shillings ($0.05) per day for access to a range of online services. Some platforms affected by the tax include Facebook, Twitter, WhatsApp, Google Hangouts, YouTube, Skype, Yahoo Messenger.

The new taxes which have been implemented by the country’s telecommunications companies since July 1, also saw Ugandans pay a 1% tax on all mobile money transactions. The mobile money tax has since been revised by the country’s president, Yoweri Museveni to 0.5%.

I would like to assure this Parliament that Government is committed to ensuring that the tax on mobile money and OTT are designed taking into account the public concerns and balancing the need to raise revenue to finance ...
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Category: africa africa_business business news

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