back to top
HomeBusinessScrap Off OTT Due To High Evasion Rate-Akol Tells Govt

Scrap Off OTT Due To High Evasion Rate-Akol Tells Govt

Published on

- Advertisement -spot_img

Doris Akol, the Uganda  Revenue Authority (URA) Commissioner General ,Doris Akol has asked government to amend the law that is governing collection of Over-the-top’ tax commonly known as OTT inorder to reduce the high rates of evasion.

Madam Akol made this presentation  at Parliament where she was meeting legislators on the Parliamentary Committee on Finance led by Rubanda East MP Henry Musasizi, which she was meeting with a team from URA on Tuesday.

The URA boss  proposed the withdrawal of the OTT policy given its rate of evasion and non performance .  She has further proposed for the amendment of the Excise duty Act in respect of the excisable goods and services to provide for mobile data.

Parliament Watch’s tweet about URA CG Doris Akol’s proposal on scrapping OTT

Akol also proposed the selective provision of incentives to investments whose social and economic benefits are significant.
She said that this will reduce unnecessary incentives and exemptions since they contribute to narrowing the tax base.

However, it should also be noted that MP Robert Kyagulanyi aka Bobi Wine, Eddy Mutwe and several others are facing charges of protesting against OTT in 2016,  which they claimed was unfair and exploitative.

Related

Ready! Nebbi Gears Up For Museveni Campaign Rally Set For Saturday

The Nebbi District Campaign Task Force for the National Resistance Movement (NRM) has...

Stop Funding Rebels,Lets ‘Make Peace’ Tshekedi Tells Kagame In Brussels Encounter

DRC's President Felix Tshisekedi made a personal appeal to Rwanda's Paul Kagame to stop...

U Turn: NUP Finally Agrees To Join IPOD To Access Party Funding

The National Unity Platform (NUP), Uganda’s largest opposition political party, has finally agreed to...

Top UPDF Commander Gunned Down In Cross-Border Fire Exchange On Lake Edward

The Uganda People’s Defence Forces (UPDF) has confirmed the death of Sergeant Johnson Muhindo...

More from The Capital Times

Business Boom In Namugongo Ahead Of Martyrs Day

Business has picked up this morning at Namugongo Martyrs shrine according to traders. The...

Here is why the Faras Uganda is the Ultimate Convenience Mobility App for Every Ugandan

Kampala, Uganda – In a fast-paced world where time is increasingly precious, Ugandans are...

Museveni Inaugurates De Heus State Of The Art Fish Feed Factory In Njeru, Buikwe

Njeru, Jinja: De Heus Animal Nutrition, a global leader in animal feed solutions, has...