Uganda to impose tax on Facebook, Twitter and Netflix

Facebook, Twitter

The Uganda Income Tax (Amendment) Bill, 2023 will tax Facebook, Twitter, Amazon, Netflix and other non-resident tech firms. PHOTO | SHUTTERSTOCK

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The Parliament of Uganda has passed a proposed new law that imposes a 5 percent tax on the income earned in the country by foreign digital companies such as Facebook and Twitter.

Other companies affected by the new tax contained in Income Tax Amendment Bill, 2023 include Google, Amazon, and Uber, and any foreign-owned company offering services such as data, online gaming, accessing and downloading of digital content, and data warehousing.