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Wireless

Ugandan govt mulls tax on mobile money transactions from July

Wednesday 18 April 2018 | 09:12 CET | News
According to the daily, a tax of 1 percent of the value of the transaction will apply for receipts, making payments and withdrawals of money. If this proposed new tax is passed into law by Parliament, it will mean that with effect from 01 July, the government will take 1 percent of the value of the money every time subscribers use their mobile money account.

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Categories: Mobile & Wireless
Countries: Uganda
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