Clarification on taxation of the real estate sector

By John Rujoki Musinguzi Reference is made to an article titled “Anatomy of policy disaster” published by Mr. Andrew Mwenda in The Independent on 7th June 2021 and to subsequent media reports regarding taxation of the real estate sector. The gist of Mr. Mwenda’s article (and subsequent media coverage) is that Uganda’s tax policy towards the real estate sector is a “policy disaster” having grown “from bad to worse since 2012.” This article seeks to dispel this view and clarify Uganda’s tax policies towards the real estate sector. In his article, Mr. Mwenda gave the following as examples to illustrate…