Uganda Targets $126m Annual Income With New Internet Tax

East African nation projects collecting 451 billion shillings from new 12% levy on internet data usage, which replaces over-the-top tax on social media, according to the finance ministry’s acting director for economic affairs, Moses Kaggwa.

• “We have collapsed tax on OTT, airtime and value-added services,” Kaggwa says in emailed response to questions
• The old tax raised 50 billion shillings to 60 billion shillings annually against target of 284 billion shillings
• NOTE: Nation’s parliament approved the new tax on Thursday; comes into effect from July 1, the start of fiscal year
• NOTE: April 7, Uganda Considers New Internet Tax as Social-Media ...