Kampala traders, arcade owners up in arms over new tax on land
The proposed Income Tax (Amendment) Bill, 2024, which includes provisions for a new tax on the disposal of non-business assets, particularly land, has sparked significant debate and concern within the business community.
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These new measures aimed at increasing government revenue have sparked concerns among traders who fear a negative impact on their businesses and customers. (New Vision/Files)
NewVision Reporter
@NewVision
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KAMPALA - Trade associations representing various sectors have come forward with a list of demands in response to recently introduced tax bills, especially the new tax on the