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Uganda moves to exempt upstream expenditure from VAT


Uganda moves to exempt upstream expenditure from VAT

Report summary

 The Ugandan cabinet has approved a proposal to exempt oil and gas companies from the 18% Value Added Tax (VAT) on capital related goods and services.  The move is part of the VAT Amendment Bill 2015, which we expect to pass and be ratified by parliament before 1 July 2015.

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  • Uganda moves to exempt upstream expenditure from VAT PDF - 928.99 KB 2 Pages, 0 Tables, 0 Figures

Description

This Upstream Oil and Gas Inform report highlights the key issues surrounding this topic, and draws out the key implications for those involved.

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