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PROFESSIONAL OPINION: The proposed Capital Gains Tax reforms in the Income Tax (Amendment) Bill, 2023 will do more harm than good if passed into law 

by Prosper Ahabwe

Capital gains arise when you sell an asset for more than you originally bought it. There are two kinds of assets in the Income Tax Act; a depreciable asset and a…

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About the Author

Prosper Ahabwe, is the Associate Director, Tax Ernst & Young, Uganda.

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