Bill Progress

Object of the Bill

The Object of this Bill is to amend the Income Tax Act. Cap. 340 to provide for exception of expenditure incurred during a year of income in acquiring returnable containers as a deductible expense; to empower the Minister to make regulations for tax accounting for Islamic Financial Transactions.

Other Attachments

The Income Tax (Amendment) Bill, 2018

Sponsored By Hon. Matia Kasaija (Minister of Finance, Planning and Economic Development)

Committee: The Committee on Finance, Planning and Economic Development

Start

2018-04-03

First Reading/Committee

Bill is still in the First Stage

2018-05-24

Second Reading

Bill is in its second stage.

2018-05-24

2018-05-24

Third Reading

Bill is being agreed to and passed by the Members of Parliament

2018-06-18

Presentation/Waiting Assent

Bill is presented to the President and awaits to be assented.

2018-06-18

2018-06-21

Assented by President

Bill is now an Act of Parliament.

End

Bill passed on 2018-06-21

Bill is now an Act of Parliament.

Bill Withdrawn on

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