Object of the Bill
The Object of this Bill is to amend the Income Tax Act. Cap. 340 to provide for exception of expenditure incurred during a year of income in acquiring returnable containers as a deductible expense; to empower the Minister to make regulations for tax accounting for Islamic Financial Transactions.
Document
5034Income_Tax_(Amendment)_Bill,_2018.pdf
The Income Tax (Amendment) Bill, 2018
Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Bill is still in the First Stage
Second Reading
Bill is in its second stage.
Third Reading
Bill is being agreed to and passed by the Members of Parliament
Presentation/Waiting Assent
Bill is presented to the President and awaits to be assented.
Assented by President
Bill is now an Act of Parliament.
End
Bill passed on 2018-06-21
Bill is now an Act of Parliament.
Bill Withdrawn on