- Rwanda has implemented a new tax reform package to increase revenue and support national priorities.
- The reforms were signed into law by President Paul Kagame and aim to fund infrastructure, environmental sustainability, and economic growth.
- An environmental levy on imported plastic-packaged goods has been introduced to reduce plastic waste.
- A 3% tourism tax on accommodation services is intended to promote the tourism industry.
- A 15% levy on petroleum products will fund strategic fuel reserves for energy security.
- Annual road user fees have been introduced to support road maintenance and rehabilitation.
- Excise duties on luxury and harmful goods have been increased.
Source: africataxreview.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.