Cabinet to discuss social media, mobile money tax today

By Joseph Lubandi

Posted on July 16, 2018

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The controversial mobile money and social media taxes are up for discussion as Cabinet sits, Matooke Republic can confirm.

The said taxes have been subject of intense debate as both President Museveni and Finance Minister, Matia Kasaija conquered that the 1% Excise Duty on Mobile Money transactions was passed in error.

The Cabinet meeting follows a directive by the Speaker of Parliament, Rebecca Kadaga to the Prime Minister to ensure that the said taxes are discussed and harmonised.

President Museveni had last week directed that the mobile money tax be lessened to 0.5% from 1% and that deposits on personal numbers be excused from the taxation.

The post Cabinet to discuss social media, mobile money tax today appeared first on Matooke Republic.

via: Matooke Republic