The Ugandan Revenue Authority June 27 posted online a booklet on tax amendments for 2024-2025. The amendments include: 1) a 10 percent withholding tax on commissions paid to payment service providers; 2) an income tax exemption for income derived from private equity and venture capital funds regulated under the Capital Markets Authority Act; 3) an increase in the VAT refund claim threshold to 10 million Ugandan shillings (US$2,688) from 5 million shillings (US$1,344); 4) an exemption from capital duty on specified shares; 5) an 18 percent VAT rate on the supply of postage stamps, as well as on software and ...
Learn more about Bloomberg Tax or Log In to keep reading:
Learn About Bloomberg Tax
From research to software to news, find what you need to stay ahead.
Already a subscriber?
Log in to keep reading or access research tools.