Private sector warns more tax reforms could stall investment

Private sector warns more tax reforms could stall investment

Uganda Manufacturers Association (UMA) officials before Parliament’s Committee on Finance, Planning and Economic Development. Kampala, Uganda | URN | The private sector has spoken against the proposed tax reforms, warning Parliament that some of the measures risk constraining investment, deepening informality, and undermining post-pandemic economic recovery. Appearing before Parliament’s Committee on Finance, Planning and Economic Development on…

SMEs Want Tax Reforms To Partake Of Digital Economy Opportunities » Business Focus

FSME’s executive director, John Walugembe (right) presenting during the Parliamentary Committee on Finance, Planning and Economic Development on Tuesday this week. Small and medium enterprises are pushing for significant tax reforms in the digital service sector, saying the current taxes on mobile digital transactions and tools are costly and restrain financial inclusion. While appearing before Parliament of Uganda’s Committee of Finance, Planni…