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Experts Say Government Likely To Collect Shs700 Billion From Rental Tax

Rental Tax, Experts Say Government Likely To Collect shs700 billion

Experts have said the government can collect shs713 billion worth of the rental tax. Recently, parliament amended the Income Tax Amendment Bill to introduce a levy obliging owners of rental premises to pay 25 per cent of their rental income as tax to government. For this reason, the ministry of finance contracted RippleNami, an American technology company to develop the ...

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