Representatives from 24 countries of the World Customs Organisation (WCO) of East and Southern Africa are in Uganda to participate in a two-day 22nd governance council meeting that is discussing tax matters. The Ministry of Finance, Planning and Economic Development and the Uganda Revenue Authority are taking the lead in this …
Read More »Uganda sets up independent committee to deal with tax agents
Government of Uganda has set up a five-member committee to check the powers of the self regulated tax agents. Henry Saka, the commissioner for domestic taxes told The Independent on the sidelines of an event unveiling the committee at the Uganda Revenue Authority (URA) headquarters in Nakawa on May 10, …
Read More »URA closes Good African Coffee over tax arrears
Uganda Revenue Authority closed Good African Coffee shops in the city owned by businessman Andrew Rugasira for three days over unpaid tax arrears amounting to Shs1billion. The shops were reopened days later after reported talks between the businessman and the authority. URA head of debt collection Stanley Kalemera …
Read More »Twenty-one arrested in California at Trump tax protest
San Francisco, United States | At least 21 people were arrested after opponents of President Donald Trump and supporters clashed at a march in Berkeley, California, US media said Saturday. Hundreds of people gathered at a park, including Trump supporters who held a free speech rally, while opponents of the …
Read More »RWANDA: Chasing tax revenues in the Great Lakes
Report shows that Rwandans were most responsive to either gentle reminders or positive messages underscoring the role of tax in funding public services By Neil Ford Rwanda has piloted a promising project that encourages more people to pay income tax. The venture boosted tax revenues in 2016 by $9m, according …
Read More »KADAGA: Income Tax Amendment Bill is now law
Uganda Parliament Speaker Rebecca Kadaga has confirmed that the Income Tax Amendment Bill (copy bottom) is now law. Kadaga told parliament on Wednesday that technically, the law has been assented to despite President Yoweri Museveni returning the bill to parliament for the third time last month, seeking amendments. The Income Tax Bill …
Read More »You will pay more taxes in Portugal if your house faces the Sun
Here comes the Sun — and it will cost you, says Portugal Lisbon, Portugal | AFP | Property? It’s location, location, location, as any real estate vendor — and the Portuguese taxman — will tell you. Under fiercely-contested fiscal changes which became law on Monday, people buying a home in …
Read More »Uganda re-elected on African tax forum council, wins 2 awards
Uganda has been re-elected member of the African Tax Administration Forum (ATAF) council at the ongoing General Assembly in Durban, South Africa. The country’s revenue authority URA also won two awards, coming top in Africa in the 2016 Innovation Awards in Customer Service and the Innovation Awards for Modernization. The new ATAF Council elected for …
Read More »TAX AMNESTY: Indians disclose $10 billion in hidden wealth
New Delhi, India | AFP | Indians have declared almost $10 billion in hidden wealth under a government amnesty on tax evasion, as part of Prime Minister Narendra Modi’s moves to crack down on huge piles of black money. Finance Minister Arun Jaitley said the four-month scheme that closed …
Read More »URA marks 25 years, sees growth from sh180b to 11trillion
Uganda Revenue Authority (URA) on Thursday marked 25 years since its formation, celebrating revenue growth of 6273% and a remarkable turnaround that now has them referred to as an employer of choice. At a thanksgiving at their Nakawa headquarters, Commissioner General Doris Akol hailed the turnaround of URA’s image and performance, shown …
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