Latest / Uganda News Today | 2 Min News | The Daily News Now!
Uganda’s Digital Tax Stamps Revolution | Uganda News
Uganda’s tax authorities are going digital with a bold new system to crack down on tax evasion—over 1,680 manufacturers and importers now use Digital Tax Stamps to track everything from beer and tobacco to cement, ensuring taxes are paid at every stage. Designed to bring informal businesses into the official economy, the system pairs with EFRIS for invoicing and lets firms deduct stamp costs from income taxes. While enforcement remains tough and loopholes still exist, tougher penalties aim to level the playing field. This push is part of a bigger government effort to boost domestic revenue by…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.