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Why does URA over complicate a simple VAT system?

I contend that such ‘double taxation’ only serves to raise the prices of imported goods, to the utter disadvantage of the citizens and eventually, national development. If the prices of essential goods become too high, citizens cannot save, which negatively impacts aggregate savings in the economy.

Peter Nyanzi
By: NewVision Reporter, Journalists @NewVision

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OPINION

By Peter Nyanzi

The ongoing fight between traders and the tax authorities is a clear indicator that the administration of Value Added Tax

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Tags:
URA
Tax
VAT