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Rwandan Parliament Considering Corporate Tax Cut and Other Measures

|Proposed Changes|Rwanda
Rwanda

Rwanda's Parliament is considering tax amendment bills submitted by the Minister of Finance and Economic Planning on 20 April 2023. Some of the main measures include:

  • A reduction in the corporate income tax rate from 30% to 28%;
  • The introduction of new tax rates on the sale of immovable property, including a rate of 2.0% for registered taxpayers and a rate of 2.5% for non-registered taxpayers, with an exemption on the first RWF 5 million in either case;
  • A reduction in the property tax rate o…

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