Minister of Finance and Economic Planning Yusuf Murangwa revealed during a press conference that GGR tax would be elevated from 13% to 40%.
Furthermore, adding the woes of regulated operators in the country, withholding tax on winnings will grow from 15% to 25%.
A statement from the country’s Minister of Finance and Economic planning said: “As we continue to build a robust economy and transform the livelihoods of all citizens, the reform of the gambling tax regime is a pivotal part of our medium-term strategy.
“These measures not only strengthen our resilience, but also promote self reliance, allowing us to meet our development goals effectively.
“In these challenging times, we recognise the importance of collaboration with our taxpayers. Our commitment to a prosperous future for all Rwandans remains steadfast, and we will work diligently to ensure that these reforms bene..
