Domestic tax revenue likely to increase as Rwanda joins EAC Customs Union

Domestic tax revenue is likely to increase as Rwanda seeks solutions to mitigate a likely loss resulting from joining the EAC’s Customs Union this July, an official of the tax body has said. In its 2009/10 draft budget paper, government estimated to lose Rwf12.4 billion in implementation of EAC Customs Union, a key step in realisation of a common market for the trading bloc of some 120 million people.
A transit goods truck crosses to Rwanda through Gatuna border.
A transit goods truck crosses to Rwanda through Gatuna border.
Times Reporter