Who pays Uganda's new tax on foreign lenders?
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Date
2026-04-27
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Publisher
Daily Monitor
Abstract
Uganda presents itself as open for business, but its tax authority is imposing a 5 percent withholding tax on interest paid to foreign lenders. This change raises the cost of foreign debt that Uganda relies on to finance infrastructure and development.
Description
Newspaper article
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Citation
Wamala, D. (2026). Who pays Uganda's new tax on foreign lenders? Daily Monitor.