KAMPALA, July 12 (Xinhua) -- The Parliament of Uganda has passed a new law that imposes a 5 percent tax on the income earned in the East African country by foreign digital companies, such as Facebook and Twitter.
"The Income Tax (Amendment) Bill, 2023 will tax non-resident providers of digital services in Uganda such as Facebook, Twitter, Amazon, Netflix, etc.," the parliament said in a brief statement on Twitter Tuesday evening.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
