Government to tax bet winners, regulate rent for tenants

A group of youth gather at a sports betting centre in Arua to look at match fixtures. PHOTO BY FELIX WAROM OKELLO

What you need to know:

  • The exemption will benefit professional bodies such as the Uganda Law Society and other bodies created to regulate the conduct of professionals through an Act of Parliament.
  • The amendments are intended to take effect by July.

Kampala. Should proposed amendments to the Income Tax Act cap 340 become law, then winners in betting games will have to pay a 15 per cent withholding tax on their fortune.
Landlords, too, will have to fold their hands as rent shall be estimated by the minister of Finance through a statutory instrument.

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