Oxfam

The civil society under the umbrella, the Tax Justice Alliance has joined the fight against the proposed taxation of cash withdrawals from banks, calling for wider consultations and study of the environment before taking decision. Last week, a statement leaked to the public indicated that the Ministry of Finance, Planning and Economic Development was planning to introduce a 0.5% tax on the cash being withdrawn by a client, either at the counter or from an Automated Teller Machine, ATM.The statement signed by the Acting Secretary to the Treasury Patrick Ochailap, and addressed to the Bank of Uganda governor for his view,…