Tag Archives: tax

Foreign Minister fingered in dodgy deal in Seychelles Kampala, Uganda | HAGGAI MATSIKO | Days after it emerged that Foreign Affairs Minister Sam Kutesa set up a company in a tax haven, the move continues to be scrutinised. Apparently, in 2012 Kutesa hired Appleby, a company renowned for creating offshore account …

Sao Paulo, Brazil | AFP | Formula One world champion Lewis Hamilton on Wednesday dismissed a row over his avoidance of taxes on a luxury jet, saying he’s only thinking about this weekend’s Brazilian Grand Prix. “I’m just solely focused on trying to win this race this weekend. I still have …

THIS WEEK: Government abolishes revenue collection by private entities Kampala, Uganda | THE INDEPENDENT | During a Sept.25 press conference, Minister for Kampala Betty Kamya announced that government has abolished privatization of revenue collection from operators of public vehicles to private entities. The minister who also banned parking fees and …

Kampala, Uganda | JULIUS BUSINGE | Two government ministers, Matia Kasaija – Finance and Mary Karooro Okurut – General Duties, have called on taxpayers to willfully meet their tax obligations to enable government offer services without hurdles. The ministers were speaking at the opening of the three day Taxpayers Appreciation Week …

Tallinn, Estonia | AFP | Google and Facebook may face higher tax bills in Europe as the EU rushed Saturday to change rules so that more of Silicon Valley’s mega profits fall into public coffers. Public anger against the billions of euros earned by online behemoths is growing louder in Europe …

Kampala, Uganda | GODFREY SSALI | The Speaker of Parliament Rebecca Alitwala Kadaga has reassured Ugandans in the diaspora of tax waivers on any donations in form of medical and school supplies sent back home. Kadaga said that if laid down procedures are followed, arrangements can be made with the …

VIDEO: ‘Africa Loses 136 Shillings Trillion in Tax Incentives per Year ‘ Kampala, Uganda | NBS | African countries lose more than over 136 trillion shillings (the equivalent of 38.6 billion dollars) a year in tax incentives given to foreign investors. This revelation was made by Logan Wort, the executive secretary …

Lisbon, Portugal | AFP | Real Madrid forward Cristiano Ronaldo said Tuesday his “brilliance” annoys people, a day after he was quizzed by a Spanish judge investigating whether he evaded paying millions of euros in taxes. “What bothers people is my brilliance, insects only attack lamps that shine!!!!” the Portuguese wrote …

Madrid, Spain | AFP |  Real Madrid forward Cristiano Ronaldo denied hiding millions of euros in income at a court hearing near the Spanish capital on Monday where he was charged with tax evasion. The Portuguese — the world’s highest paid sportsman according to Forbes magazine — is the latest …

 Madrid, Spain | AFP |   Ending weeks of speculation about his future, Cristiano Ronaldo has told a Spanish newspaper he is staying put at Real Madrid to plunder more silverware. “To win important trophies with my club and the personal honours last season was brilliant, to do it again …