Parliament passes Income Tax (Amendment) Bill 2026, dropping tax on diaspora earnings and non-business asset sales

The Independent reports that Parliament, presided over by Speaker Anita Among, passed the Income Tax (Amendment) Bill, 2026, after rejecting government proposals to tax income earned abroad by Ugandans and gains from the sale of non-business assets such as land and personal property. MPs also approved a six-year extension of the Bujagali Hydropower Project tax exemption to 2032 and passed the Lotteries and Gaming (Amendment) Bill, 2026, as part of revenue measures for the 2026/27 budget.