How corruption has disabled mechanisms through which the business community can fight for better tax laws
Uganda’s ratio of taxes to Gross Domestic Product (GDP) has remained almost stagnant for 19 years. In 1997, it was 11%. Since then it has risen to 13.7% only to fall back to 12%. This is in spite of the fact that over this period, monetary GDP has increased from 76% to 94% and taxable GPD from 52% to 81% today. Last financial year, the Uganda Revenue Authority (URA) collected Shs 11.3 trillion in taxes against a GDP of Shs 86 trillion as per June 30th. This means that the tax to GDP ratio is now 12%.