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Ugandan government collects UGX 7 billion in social media tax

Thursday 19 July 2018 | 10:18 CET | News
The Ugandan government said that it has so far collected UGX 7 billion through the new tax on social media and mobile money transactions, just a week into a new financial year, reports The Monitor. State Minister for Finance David Bahati told a media briefing that although Cabinet approved a reduction of excise duty on mobile money from 1 percent to 0.5 percent, the drop would not affect its earlier estimates of collecting UGX 118 billion from the tax, which has stirred public outrage.

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Categories: Internet
Countries: Uganda
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