Proposals in the 2015 budget in Rwanda are intended to encourage investment. For instance, interest on savings deposits would be exempt from withholding tax, and the withholding tax rate on dividends would be set at 15%.
Among the other tax proposals, cooperatives would pay corporate income tax, and the government has proposed that the rate of capital gains on shares would be set at 5% of the net gain.
Read a June 2015 report [PDF 1.71 MB] prepared by the KPMG member firm in Rwanda: KPMG Budget Brief 2015
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