Object of the Bill
The object of this Bill is to provide for—
(a) the taxation of income of airlines;
(b) the exemption of the business income of persons derived from operating and managing educational institutions;
(c) the exemption of tax on payment of interest on deposit auction funds issued by Bank of Uganda for the purposes of liquidity management;
(d) incentives to persons involved in agro-processing;
(e) the deduction of local service tax;
(f) the taxation of petroleum operations;
(g) use of information technology in tax formalities and procedures.
Document
1025The_Income_Tax_(Amendment)_Bill,_2008.pdf
The Income tax (Amendment) Bill, 2008
Sponsored By Hon. Dr. Ezra Suruma (Minister of Finance, Planning and Economic Development)
Committee: The Committee on Finance, Planning and Economic Development
Start
First Reading/Committee
Second Reading
Third Reading
Presentation/Waiting Assent
Assented by President
End
Bill passed on
Bill Withdrawn on