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Ugandan government abandons tax on mobile money deposits

Thursday 5 July 2018 | 09:46 CET | News
The government of Uganda said that the proposed 1 percent tax for Mobile Money deposits will be scrapped and it was an error made on 01 July when the social media tax took effect. The minister of state in charge of planning, David Bahati, said that the 1 percent mobile money deposit tax was an error. He added that the cabinet has resolved that the other new taxes would stay and stressed that in the region, Uganda has the lowest tax base.

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Categories: Mobile & Wireless
Countries: Uganda
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