Impact of harmful tax incentives and exemptions in Uganda
By: SEATINI, DGF
Contributors: Democratic Governance Facility
Publisher: SEATINI Uganda
Published: 2019
Place of publication: Kampala, Uganda
Language: eng
Number of pages: 32
Subjects: Tax exemption; Tax expenditures; Economic development; Economic development projects
Description: "All evidence suggest that the societal costs of tax exempltions are high and that the benefits, in terms of additional investments are low. Accordingly, tax specialists , CSOs and development partners including the International Monetary Fund and World Bank have continuously warned African government about tax exemptions. Despite these warnings, the practice of granting exemptions continues across all African governments. In Uganda, on average, over a trillion Uganda shillings is lost every year in tax exemptions."--Page 5
Notes: Includes bibliographical references (page 32)