Rwandan Parliament Considering Corporate Tax Cut and Other Measures

Rwanda's Parliament is considering tax amendment bills submitted by the Minister of Finance and Economic Planning on 20 April 2023. Some of the main measures include:
- A reduction in the corporate income tax rate from 30% to 28%;
- The introduction of new tax rates on the sale of immovable property, including a rate of 2.0% for registered taxpayers and a rate of 2.5% for non-registered taxpayers,…