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Wednesday , July 24 2019
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Tag Archives: tax

URA intercepts Kenyan truck carrying two men in containers

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s new scanners at the borders have started bearing fruit, as early today the tax collectors intercepted a Kenyan registered truck at Busia border smuggling two people in boxes into Uganda. URA says the truck registration number KCT 230T reached Busia border …

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Parliament maintains sh200 tax on non-alcoholic drinks

Kampala, Uganda | THE INDEPENDENT | Parliament has maintained a sh200 per litre tax on non-alcoholic drinks that government sought to reduce in the next financial year. In a plenary session chaired by Deputy Speaker Jacob Oulanyah, MPs on Tuesday afternoon approved parliament’s Finance Committee report on the Excise Duty …

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Gov’t renews proposal to tax loss making businesses

Kampala, Uganda | THE INDEPENDENT | Officials from the Finance Ministry faced difficulty explaining a proposal by government to tax businesses that have been making losses for seven consecutive years. This same proposal was last year rejected by parliament. Ministry of Finance officials led by the State Minister of Finance …

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Social media tax payers fall to 6.8 million

Kampala, Uganda | THE INDEPENDENT | The number of internet subscribers who paid the social media tax reduced from 8.04 million in July 2018 to 6.84 million people in September, according to a quarterly report by Uganda Communications Commission (UCC). The amount of money collected from Over The Top-OTT tax …

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France nears implementation of digital tax

Paris, France | AFP |  France will push ahead with its own tax on large internet and technology companies by introducing a bill that would be retroactive to January 1, its finance minister said Sunday. The move comes as the European Union tries to finalise an EU-wide levy. “We are …

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Behind URA’s Digital Tax Stamps controversy

SICPA embroiled in fraud cases in various countries Kampala, Uganda | PATRICIA AKANKWATSA | Ugandan government has bowed to pressure from manufacturers and decided to put on hold the introduction of Digital Stamps intended to plug revenue leakages. This follows a series of meeting between the Minister of Finance, Planning and …

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