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Counting the cost: Rwanda to lose Rwf200 billion of taxes between April and May

#RBANews #RBAAmakuru #Rwanda #RBAHafiYawe

The COVID19 pandemic could cost Rwanda more than 200 Billion Frw between April and May this year. This was announced by the Rwanda Revenue Authority while the Rwandan government this weekend announced a tax exemption on profits on income generating vehicles in the time they remain idle and companies as well as people to pay tax advance on profits based on sales.

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