Tag Archives: ura

  Kampala, Uganda | URN | Uganda’s latest extractive-sector transparency report contains major contradictions in official mineral trade data, including a discrepancy of almost 11.7 trillion Shillings in reported mineral exports and conflicting records of the country’s gold imports and exports. The report also reveals conflicting gold export records between …

  As Uganda pursues a US$500bn economy, policymakers face a difficult question: how much revenue can the country afford to sacrifice in the pursuit of growth?   Kampala, Uganda | JULIUS BUSINGE | Uganda’s tax policy is facing an increasingly important test: whether the revenue government gives up through exemptions, …

Kampala, Uganda | URN | Uganda Revenue Authority officials are struggling to establish how much gold is produced in the country and, more importantly, where the gold exported by Ugandan refineries actually comes from, exposing gaps in the country’s reporting and regulation of one of its biggest export earners. Lawrence …

  SPECIAL REPORT | Uganda is betting that replacing the Tax Identification Number (TIN) with the National Identification Number (NIN) will widen the tax base and curb leakage. But with millions already registered for tax, the harder test is whether better identification can actually translate into more revenue, reports Ronald …

  For policymakers, the clock is ticking on a choice between continuing an expensive experiment or rewriting the rules of Uganda’s mineral wealth   Kampala, Uganda | RONALD MUSOKE |  For years, Uganda’s decision to give gold special treatment in its tax regime has been defended as an investment incentive. The idea …

Kampala, Uganda | URN | Uganda Revenue Authority registered its first monthly fiscal surplus in six months after stronger-than-expected tax collections helped the government raise more money than it spent in June, according to the Ministry of Finance. Government operations ended the month with a fiscal surplus of about 517 …

Kampala, Uganda | URN | Government vehicles, porous borders and limited public awareness continue to fuel smuggling in Uganda, making it one of the country’s biggest sources of revenue loss, according to the Uganda Revenue Authority (URA). The tax body estimates that Uganda loses more than $700 million annually through …

Kampala, Uganda | URN | The Commercial Division of the High Court has dismissed with costs an application by Nile Breweries Uganda Limited seeking to block the Uganda Revenue Authority (URA) from collecting 18.5 billion Shillings in disputed taxes. The dispute stems from a 2023 tax reassessment by URA, which …

Uganda’s private sector pushes for reform of a disputed tax appeals requirement   Kampala, Uganda | JULIUS BUSINGE | For any business in Uganda, receiving a tax assessment from the Uganda Revenue Authority (URA) is normal. What is becoming impossible, however, is paying to challenge it. Under Section 15(1) of …

Kampala, Uganda | NEWS CORRESPONDENT |  Diamond Trust Bank (DTB) Uganda has been recognized as a standout performer in the financial sector, securing the 1st Runner-Up accolade for Best in Client Service at the 8th Bi-annual Uganda Revenue Authority (URA) Bankers Appreciation Conference held last week. The ceremony, held at the Mestil …