Kampala, Uganda | THE INDEPENDENT | President Yoweri Museveni has urged the Uganda Revenue Authority (URA) to fill up existing tax gaps so that the country can gain financial independence and stop borrowing money to finance its budget. The President made the remarks at the ongoing first Science Model Workshop …
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Kampala, Uganda | THE WORLD BANK| Improving tax revenue is essential to sustaining economic growth in Uganda, according to a recent economic analysis for the country. The Uganda Economic Update, Financing Growth and Development: Options for Raising More Domestic Revenues, says that while economic growth has rebounded from 4.5% to 5.5% …
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Kampala, Uganda | THE INDEPENDENT | The proposed introduction of new taxes on mobile money transactions and social media has met stiff rejection from civil society activists. Government has proposed to introduce a 10 percent final withholding tax on commissions by telecommunication companies to mobile money and airtime agents and Shillings …
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San Francisco, United States | AFP | Apple announced Wednesday it would pay some $38 billion in taxes — likely the largest payment of its kind — on profits repatriated from overseas as it boosts investments in the United States. The iPhone maker said in a statement it plans to use …
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Kampala, Uganda | THE INDEPENDENT | The Minister of Local Government Tom Butiime has announced that all daily parking fees for commercial vehicles across the country have been abolished. A new arrangement for monthly and annual payments has been put in place. Butiime also announced that privatisation of revenue collection to private entities and persons is …
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Kampala, Uganda | JULIUS BUSINGE | President Yoweri Museveni is expected to attend this year’s Uganda Revenue Authority (URA) taxpayer’s appreciation week taking place from Sept. 27-29 at Kololo Independence Grounds. The 12th event is open for the general public. This time around, beyond URA sharing taxpayer information, other government ministries and …
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Kampala, Uganda | COMMENT | UGANDA MEDIA CENTRE | As Uganda Revenue Authority (URA) strives to improve customer service under the Modernisation Programme, using client centred approaches, there are several fragmented processes handled in different locations. URA incurs a lot of expenses on communication and travel between the various offices to …
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Sao Paulo, Brazil | AFP | Brazilian football star Neymar is willing to pay a fine of $2.5 million to settle tax evasion allegations in his country, his lawyer said Friday. The 25-year-old wants to leave the fight with Brazilian authorities behind him as he prepares for a new professional …
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URA Sh500bn short of target but collects 12.7 trilltion- 13% growth in revenue for FY2016/17 Kampala, Uganda | JULIUS BUSINGE | Uganda Revenue Authority has today officially released its revenue performance for FY2016/17 indicating a 13.2% growth in revenue collection compared to the year before. According to the revenue performance report, Shs 12.7 trillion …
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THIS WEEK: URA takes over collection of non tax revenues Starting July, Uganda Revenue Authority (URA) will be collecting non tax revenue and appropriation in aid fees in form of express penalties, firearm certificates and guard fees that organizations like Police have been responsible for. In his budget speech, Finance …
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