Uganda: Govt Eyes Billions in New Taxes On Beer, Cigarettes
4 Articles
4 Articles
Uganda: Govt Eyes Billions in New Taxes On Beer, Cigarettes
The Ugandan Ministry of Finance has proposed significant tax hikes on cigarettes, locally brewed beer, and imported goods, aiming to generate billions of shillings for infrastructure development and public health initiatives.
Gov’t Plans Tax Hike on Cigarettes and Beer for Revenue, Health Benefits
Summary: Defending the government’s position, Minister Musasizi stated, “Increasing the duty will not only align with inflationary trends but also serve a public health objective by discouraging tobacco consumption, which imposes significant health costs on the economy. Raising the excise duty on beer manufactured from local raw materials will ensure fair taxation and enable government revenue to keep pace with economic realities.” KAMPALA: The …
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