According to recent reports, tax reform legislation for 2019 has been submitted to the Ugandan parliament for consideration. Some of the main measures proposed include:
- The introduction of new ring-fencing requirements for rental income, including that if rental income is derived from more than one property, the income, expenses, and amount of tax due must be determined separately for each property;
- Changes in certain tax holiday (exemption) incentives, including:
- A reduction in the minimum …