Six Key Proposed Changes in Vat Tax Bill NewTimesRwanda: Rwanda
On June 9, Parliament approved the applicability of the bill tabled by the Ministry of Finance and Economic Planning . This bill will be scrutinised by the responsible parliamentary committee, being voted into law by the Lower House's plenary sitting.
The issues include the fact that the current law does not provide for tax exemption for some goods and services that should be exempted given their importance to the economy and population in general. "We have also identified several forms of abuse in the method in place to determine locally available services," said Richard Tusabe, Minister of State in Charge of the National Treasury at MINECOFIN, while explaining the relevance of the bill to lawmakers.The number of goods and services that must not be subject to increase, if the bill passed.
Also, for affordability, health and sanitation purposes, sanitary pads and the service of transportation of household solid waste were added to the list of goods exempted from VAT.
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