Real Estate and Property in Rwanda for Sale and Rent

Law

Debate on the New Laws on Taxation of Properties during Transfer in Rwanda

Rwanda is yet to experience amendments in Law no16/2005 of 18/08/2005 on direct income taxes and all its first legal provisions as the lawmakers, and Rwanda Revenue Authority (RRA) met to discuss the changes. The proposed amendments made other members of parliament question the reason for the introduction of such changes. The new Income Tax Bill stipulates that a levy of 5% should be imposed on the sale...

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