Should wealthy Ugandans pay more taxes?

What you need to know:

Some wealthy individuals in private and public sector either do not pay taxes or grossly under-declare their income. But if all these individuals remitted their income tax, the country’s revenue would be boosted, Ismail Musa Ladu reveals.

Uganda has a huge informal sector, and many individuals thrive in this informality. But for the formal working class, it is very difficult to hide from paying tax. Only recently, the Members of Parliament legislated against taxing their allowance, on the ground that it is not an income earned.

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