Kampala, Uganda | THE INDEPENDENT | The proposal is contained in a motion by the Kasambya County MP Mbwatekamwa Gaffa that seeks to urge government to review the tax regime on Closed Circuit Television-CCTV security cameras and automotive tracking devices. Close to 3,000 CCTV cameras planned for Kampala Metropolitan policing …
Read More »Population data, demographic dividend and tax collection key for Uganda’s economic growth
COMMENT | Ndereya Besi | This week, Uganda plays host to two African conferences. First, the 8th African Population Conference (APC) and the 4th International Conference on tax in Africa. APC is organized in conjunction with National Population Secretariat and supported by the Union of African Population Council in conjunction with United Nations Fund …
Read More »URA recalls order on tax certificate to transfer Sh50 million abroad
Kampala, Uganda | THE INDEPENDENT | Doris Akol, the Uganda Revenue Authority-URA Commissioner General, has recalled the order that required individuals and corporations transferring sh50 million and more abroad to have a tax certificate. The order, which became public on Wednesday and had been issued by Commissioner Domestic Taxes Henry Saka, …
Read More »Dutch say the tax party’s over for multinationals
The Hague, Netherlands | AFP | Long criticized at home and abroad for being a haven for giant corporations, the Netherlands announced fresh measures Tuesday to crack down on tax breaks for multinationals. Business-minded Dutch Prime Minister Mark Rutte, leading a fragile coalition, is backing a proposal originally tabled by …
Read More »NSSF will not lend directly to government-MD
The government’s plan to amend the current NSSF Act has caused uproar among the public in the past days. NSSF’s Managing Director, Richard Byarugaba, spoke to The Independent’s Isaac Khisa about the motives behind the proposed law and its implications to the members and economy. What does this NSSF Amendment …
Read More »PM Boris Johnson supports new digital tax
Johnson insists US digital giants must be taxed ‘fairly and properly’ Biarritz, France | AFP | British Prime Minister Boris Johnson on Saturday said that US digital giants needed to be taxed “fairly and properly” in a growing dispute with the United States over taxing the likes of Amazon, Apple, …
Read More »NEMA calls for removal of tax on gas to save forest cover
Kampala, Uganda | THE INDEPENDENT | The National Environment Authority (NEMA) Executive Director Tom Okurut has called for the removal of the tax on Liquefied Petroleum Gas (LPG) to encourage its use among Ugandans, instead of cutting forests for charcoal and firewood. LPG was exempt from taxation in 2006. But the …
Read More »VIDEO: Is the NSSF Amendment Bill 2019 targeting workers’ savings?
VIDEO: Is the NSSF Amendment Bill 2019 targeting workers’ savings? Kampala, Uganda | VIDEOS NTV UGANDA | The NSSF Amendment Bill that is now in parliament is a big win for members, as they will be able to take home more at the end, and will enable NSSF management offer more …
Read More »Bitature denies evading taxes
Kampala, Uganda | THE INDEPENDENT | Businessman Patrick Bitature has reacted angrily to reports that his businesses benefited from an offshore arrangement to lower his tax bill in Uganda. Recently, leaked documents from Mauritius showed that Bitature and his company Electro-Maxx Uganda Limited received loans from Africa Frontier 1 LLC, a …
Read More »URA intercepts Kenyan truck carrying two men in containers
Kampala, Uganda | THE INDEPENDENT | Uganda Revenue Authority’s new scanners at the borders have started bearing fruit, as early today the tax collectors intercepted a Kenyan registered truck at Busia border smuggling two people in boxes into Uganda. URA says the truck registration number KCT 230T reached Busia border …
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