Kampala, Uganda | THE INDEPENDENT | Experts have cautioned Uganda and other East African countries to go slow on the implementation of taxation of digital services. This comes as the countries prepare to join 133 others around the world to implement the Digital Services Tax (DTS) in line with the …
Read More »Kyagulanyi asks gov’t to suspend taxes on vegetable oil, wheat
Kampala, Uganda | THE INDEPENDENT | The National Unity Platform-NUP party president Robert Kyagulanyi Ssentamu has asked the government to suspend taxes on crude vegetable oil and wheat. According to Kyagulanyi, the majority of the common people in the ghettos largely survive on meals made from wheat and oil, which are …
Read More »Experts, gov’t differ on price control policies
Kampala, Uganda | THE INDEPENDENT | Experts and think-tanks have warned the government against introducing policies aimed at mitigating the effects of rising commodity prices, but also blamed it for poor management that has allowed the current situation to escalate. Until now, the government has rejected any suggestions that it introduces …
Read More »Chinese business community seek clarity on Uganda tax exemptions
Kampala, Uganda | THE INDEPENDENT | Chinese doing business in Uganda have today engaged the Uganda Revenue Authority (URA) seeking clarification on several tax administration concerns, most notably how to get tax exemptions. In the meeting with URA officials, the business community under the Chinese Chamber of Commerce, Uganda SINOCHAM …
Read More »Parliament rejects 5-year Income Tax exemption for Bujagali
Kampala, Uganda | THE INDEPENDENT | Parliament has rejected the government’s proposed extension of the corporate income tax exemption for the Bujagali Hydro Power Project by 5 years. Parliament agreed to grant an exemption for only 1 year up to 2023. The decision was taken on Wednesday during a debate …
Read More »Uganda Parliament commences scrutiny of new tax bills, Bujagali
Kampala, Uganda | THE INDEPENDENT | The Parliamentary Committee on Finance, Planning and Economic Development has commenced scrutinising the new Tax Bills for the Financial Year 2022/23. The Minister of State for Finance for General Duties, Henry Musasizi, who on Friday, 29 April 2022 presented nine tax bills before the …
Read More »Government considers capping fuel prices, refuses to waive taxes
Kampala, Uganda | THE INDEPENDENT | The government is considering a policy that will allow authorities regulate the costs of some essential commodities like petroleum, to protect consumers from exploitation. This follows the uncontrolled hike in prices of fuel by more than 33 percent over the last one year, with the …
Read More »Supreme Court dismisses Basajjabalaba’s tax evasion appeal
Kampala, Uganda | THE INDEPENDENT | The Supreme Court has dismissed an appeal by businessman Hassan Basajjabalaba that was challenging the orders of the Constitutional Court to have him and his brother tried for conspiring to defeat tax laws. In a majority judgement of six Judges against one, the Supreme …
Read More »Gov’t loses Shs1.6tn in untaxed Illicit alcohol – Report
Kampala, Uganda | THE INDEPENDENT | The Uganda Alcohol Industry Association has launched an industry report that sheds light on the trade and consumption of Illicit alcohol in Uganda. Among other revelations, the report found that the government of Uganda loses approx.1.6 trillion in unrealized taxes due to evasion of tax …
Read More »Can Ugandans tax burden get any worse?
Kampala, Uganda | THE INDEPENDENT | How does it matter that the tax on an individual’s contributions to the National Social Security Fund is deferred to the time of withdrawal of the benefits, as had earlier been proposed by the NSSF? The media reports that the government plans to tax the …
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