0
Broadband

Ugandan president signs social media, mobile money tax amendment bill into law

Thursday 8 November 2018 | 09:19 CET | News
Ugandan President Yoweri Museveni has signed into law an excise duty amendment bill concerning mobile money tax and the daily social media fee, reports Xinhua. Don Wanyama, senior presidential spokesperson, said the bill taxes a daily fee of UGX 200 for social media use and 0.5 percent excise duty on mobile money transactions. After the presidential assent, the act is supposed to be made public before it becomes law.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Internet / Mobile & Wireless
Countries: Uganda
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ugandan mobile money tax collection overshoots target in H1 2018-19

Published 05 Feb 2019 11:23 CET | Uganda
The Uganda Revenue Authority (URA) collected UGX 104.75 billion in mobile money tax in the first half of the 2018/19 financial ...

Ugandan social media tax volumes fall to UGX 4 bln in December

Published 31 Jan 2019 11:30 CET | Uganda
Uganda's Over the Top Tax (OTT) collection volumes fell from an average of UGX 6.8 billion in September 2018 to an average of UGX ...

Uganda's mobile money volumes to rise to UGX 871 bln by December after cut in tax

Published 20 Nov 2018 11:30 CET | Uganda
Uganda's telecom operators expect increased mobile money activity, with transaction volumes projected to reach about UGX 871 ...

Airtel Uganda implements 0.5% mobile money tax

Published 19 Nov 2018 11:09 CET | Uganda
Airtel Uganda has announced and implemented a reduction in the mobile money tax from 1 percent to 0.5 percent, only applicable to ...

MTN Uganda implements reduced mobile money tax

Published 19 Nov 2018 11:06 CET | Uganda
MTN Uganda has implemented the tax revision for mobile money transactions, which lowered it from 1 percent to 0.5 percent on ...

MTN Uganda says daily social media tax now valid for 24 hours instead of ending at midnight

Published 05 Nov 2018 11:12 CET | Uganda
Daily social media tax subscriptions now last a full 24 hours instead of expiring at midnight, reports the Observer. Since the ...

Ugandan govt mobile money tax in first 3 months falls short of expectations

Published 05 Nov 2018 11:07 CET | Uganda
The Uganda Revenue Authority (URA) has collected UGX 103 billion in mobile money tax in the first quarter of the 2018/19 ...

Ugandan government has still not implemented cut in mobile money tax to 0.5%

Published 24 Oct 2018 10:57 CET | Uganda
The Ugandan government is still to implement the amended law after parliament cut the 1 percent mobile money tax to 0.5 percent, ...

Ugandan telecoms remit UGX 4.4 bln in social media tax for July

Published 27 Aug 2018 10:14 CET | Uganda
Uganda's telecom operators remitted a combined sum of UGX 4.4 billion collected from the social media tax in July, failing to hit ...

MTN Uganda says mobile money tax halves daily transactions

Published 23 Aug 2018 09:12 CET | Uganda
MTN Uganda says its daily mobile money volumes have reduced to about UGX 50 billion from an average of UGX 100 billion, reports ...

Activists in Uganda denounce tax on social media

Published 04 Jun 2018 07:45 CET | Uganda
Civil society organisations and rights activists have criticized Ugandan MPs for passing a controversial bill that imposes a ...

Ugandan govt mulls tax on mobile money transactions from July

Published 18 Apr 2018 09:12 CET | Uganda
According to the daily, a tax of 1 percent of the value of the transaction will apply for receipts, making payments and ...

Ugandan president slaps taxes on social media users

Published 04 Apr 2018 09:35 CET | Uganda
Ugandan president Yoweri Museveni has slapped new taxes on social media platforms such as WhatsApp, Facebook, Twitter, Skype and ...





Calendar   /   Industry Events

26 Jan Cisco Live
27 Jan Sprint fiscal Q3
27 Jan Juniper Networks Q4 2019
27 Jan F5 Networks fiscal Q1
28 Jan Calix Q4 2019
28 Jan AudioCodes Q4 2019
28 Jan Airtel Africa fiscal Q3
28 Jan Dtac Q4 2019
28 Jan CEM in Telecoms Global Summit
29 Jan Telia Q4 2019
29 Jan AT&T Q4 2019
29 Jan Mellanox Q4 2019
29 Jan Limelight Networks Q4 2019
29 Jan Cirrus Logic fiscal Q3
29 Jan Telenor Q4 2019
29 Jan Facebook Q4 2019
29 Jan Extreme Networks fiscal Q2
29 Jan Qorvo fiscal Q3
29 Jan Microsoft fiscal Q2
29 Jan KPN Q4 2019
29 Jan Elisa Q4 results
29 Jan European 5G Conference
30 Jan BT fiscal Q3
30 Jan NTT Docomo fiscal Q3
30 Jan Verizon Q4 2019
30 Jan Samsung Electronics Q4 2019
30 Jan Amazon Q4 2019
30 Jan The Things Conference
30 Jan FCC meeting
31 Jan Charter Q4 2019
::: More Calendar Items