The newly introduced tax has already generated over a million dollars from Ugandan mobile users. Uganda announced that since introducing its social media and mobile money tax law, it has collected Ush7 billion (approximately $1.8 billion). The law imposes a tax on Ugandans every day they use social media services or make a money withdrawal via their mobile phone. The tax has been met with heavy criticism but is here to stay. Those who have opposed the new law, including both the public and politicians, argue that the social media…
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Social media tax and mobile money tax to hit Ugandans
Uganda’s parliament approves new tax laws for Whatsapp, Facebook and Twitter A new social media tax will soon come into effect for Ugandans. The approved law will impose a tax every day a citizen uses WhatsApp, Facebook, Twitter or other social media services. Mobile money transactions will also be taxed. In addition to the social media tax, Ugandans will be taxed for all mobile money transactions. Citizens will be required to pay a 1% tax on all mobile money transactions. As for taxation on social media, the fee that will…
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