Uganda taxation: Is targeting small business the answer?
Traders sit outside their closed shops as they demonstrate against the Electronic Fiscal Receipting and Invoicing Solution (EFRIS) in Kampala, Uganda on April 8, 2024. PHOTO | NMG
Uganda, with a fiscal deficit of 5.6 percent in 2023, has increasingly turned to local resources to make up for its revenue shortfall since the World Bank suspended its funding on August 8, 2023 over the country’s anti-homosexuality law.
In early April 2024, traders in downtown Kampala protested against what they saw as high taxes and harsh enforcement tactics of the Uganda Revenue Authority.
