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NTV PANORAMA: Assessing the value for money on tax incentives

Uganda continues to dole out vast amounts of tax incentives to attract investment.

As a result, the drain on revenue collection is staggering as Uganda’s tax to GDP ratio is 14.4 per cent, which remains low below the sub-Saharan Africa average of 15.8 per cent.

Is there value in return to these tax incentives?

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