Tuesday , April 23 2024
Home / In The Magazine / THIS WEEK: Banks sue URA over customer data

THIS WEEK: Banks sue URA over customer data

THIS WEEK: Banks sue URA over customer data

Kampala, Uganda | THE INDEPENDENT | Banks under their umbrella body, Uganda Bankers Association have dragged Uganda Revenue Authority (URA) to court over a directive by the tax revenue collection body to banks to submit information of their customers including account name, Tax Identification Number (TIN), National Identification Number (NIN), address, telephone number and email addresses. In a March 16 letter, URA’s commissioner of Direct Taxes Henry Saka asked commercial banks to provide information to URA on all account holders from January 1, 2016 to December 31, 2017. Through their lawyers AF Mpanga and MASK Advocates, the bankers have filed a petition at the constitutional court challenging the move.

Leave a Reply

Your email address will not be published. Required fields are marked *