The Ugandan parliament has published the Income Tax (Amendment) (No. 2) Act 2023 and the Value Added Tax (Amendment) (No. 2) Act 2023, which were assented (enacted) on 17 August 2023 and provide amendments to provide equal treatment for Islamic financial and takaful businesses.

The main income tax amendments include the following:

• A resident partner in a partnership arrangement under an Isl…