The biggest taxpayer in Uganda, based on recent figures highlighting top corporate contributions, is MTN Uganda.
MTN Uganda has been identified as the leading contributor to the national revenue, showcasing a substantial economic impact through its tax payments. Its expected annual returns significantly surpass those of other major entities in the country.
Leading Taxpayers and Their Contributions
Public statements detailing tax contributions show that MTN Uganda stands at the forefront. Following MTN, other key companies and institutions also make considerable contributions, which are vital for supporting Uganda's national development and public services.
Here's a summary of the top reported taxpayers and their expected annual contributions:
Rank | Taxpayer Entity | Expected Annual Returns (Billion UGX) |
---|---|---|
1 | MTN Uganda | 701 |
2 | Airtel Uganda | 500 |
3 | Bank of Uganda | 451 |
These figures underscore the significant role played by major telecommunication companies and the central bank in contributing to Uganda's fiscal health and economic growth. Their consistent tax payments are fundamental for funding government initiatives and infrastructure projects across the nation.