Tag Archives: Digital tax stamps

Entebbe, Uganda | THE INDEPENDENT |  Members of Parliament on the Finance Committee have called upon Ugandan manufacturers to adhere to the country’s taxation regime, particularly regarding Digital Tax Stamps (DTS). The call came during a recent meeting with representatives from the Private Sector Foundation Uganda (PSFU), who raised concerns …

    Kampala, Uganda | THE INDEPENDENT | The National Cement Company has praised Digital Tax Stamps (DTS) for their effectiveness in tackling the issue of counterfeit cement in the market. Introduced in 2019, DTS is a measure designed to digitize tax administration, aiming to prevent revenue leakages, particularly in …

Kampala, Uganda | THE INDEPENDENT | The East African Business Council (EABC) has called for a review and reduction in the cost of the Digital Tax Stamp system, which has been implemented in the region to improve revenue collection on excisable goods. The regional body is urging the East African Community …

The value of the illicit beer trade in Uganda is estimated at US$1bn | THE INDEPENDENT | Nile Breweries Limited executives want the government to put in place policies and regulations that support and protect the beer industry against unfair competition and tax laws. While making a presentation on ‘how …

Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority–URA came under the spotlight during the counterfeit conference held in Kampala on Tuesday over the effectiveness of its digital stamps and tracking solutions. The conference that was organised by the Anti-Counterfeit Network in Africa drew participants from among other countries Uganda, …

Kampala, Uganda  | THE INDEPENDENT | Uganda Revenue Authority (URA)’s collections for the six months from July to December 2019 fell short of the target by at least 697.4 billion shillings. Doris Akol, the commissioner-general, told reporters on Thursday at URA headquarters in Nakawa that the tax body managed to collect …

Kampala, Uganda | THE INDEPENDENT | The High Court Commercial Division in Kampala has issued a four-day interim order restraining Uganda Revenue Authority – URA from enforcing the digital tax stamps. The development comes after Muwema and Company Advocates, acting on behalf  Sylvester Kamuli went to court challenging the implementation …

Kampala, Uganda | THE INDEPENDENT  | The government has agreed in principle to foot the bill for the installation of digital tax stamps equipment and the stamps themselves for manufacturers for at least one year. Uganda Revenue Authority had set November 1 as the deadline for companies to install the …

Studies show new initiative will merely benefit the contracted firm Kampala, Uganda | PATRICIA AKANKWATSA | On April 12, the Uganda Revenue Authority announced that it had rolled out digital stamps to combat illicit trade and seal revenue leakages. This move follows Kenya and Tanzania that have already done so. …