World Bank Calls for Scrapping of OTT Tax

The World Bank has called for the scrapping of over-the-top tax-OTT. It argues that the move could boost access to coronavirus prevention messages for the vulnerable populations.This is the first the organization, a big lender to government, to be openly calling for the abolition of the tax. The World Bank says in its Uganda economic update 2020 report that the tax has not achieved its intended objective because “the tax is difficult to collect and easy to bypass by more technically-savvy users”It adds that the social media tax is instead reducing “the proportion of internet users and widening digital and income…