• Service: Tax, International Tax
  • Type: Regulatory update
  • Date: 6/17/2014

Uganda - Budget 2014 

June 17:  The 2014 budget—presented in Uganda on 12 June 2014—reflects that the overall performance of the Uganda economy as measured by the real GDP at market prices is estimated to have grown by 5.7% for the financial year 2013/14 which is a 0.1% decrease compared to the revised growth of 5.8% that was recorded in the prior year.

Read the budget documents on the website of the Ministry of Finance, Planning and Economic Development.

The budget includes various tax proposals concerning value added tax (VAT), thin capitalization measures, and the taxation of capital gains on sales of commercial properties. Read a June 2014 report [PDF 4 MB] prepared by the KPMG member firm in Uganda: Uganda 2014 Budget Brief

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