The Uganda Revenue Authority (URA) may lose Shs2.8 trillion to tax exemptions, credits and deferrals for the financial year 2022/2023.
This was revealed by the URA Commissioner General, John Musinguzi while presenting the entity’s Budget Framework Paper for the financial year 2023/2024 on Tuesday, 10 January 2023.
According to Musinguzi, over time they have been losing money in form of tax exemptions, allowances rate reliefs and credits and deferrals.
Source: zawya.com
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