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Rethink taxation of cash withdrawals, internet

Although the Government may argue that cash withdrawals represent economic activity deserving of taxation because they involve the movement of funds within the economy, this rationale can be problematic when considering its broader impact on consumers and businesses.

Denis Kakembo
By: NewVision Reporter, Journalists @NewVision

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OPINION

By Denis Kakembo

Whereas the theme for Uganda’s National Budget Framework for the financial year 2024/25 is the full monetisation of the economy through commercial agriculture, industrialisation,

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Tags:
Taxation
Cash