Improving Tax Expenditures’ Reporting in Uganda for Improved Social Economic Benefits

Submitted by on Wed, 01/04/2023 - 02:57

Overtime, Tax expenditures have often been used to provide a form of subsidy to influence or incentivise engagement in certain activities such as increased investment in key sectors which will create forward and backward linkages to create more jobs and increased revenue in the long run. Therefore, Government will periodically assess and report on the impact of these incentives. The impact of these incentives ranges from number of jobs created, investments attracted, exports revenue foregone, among others.