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Tag Archives: withholding tax

URA halts withholding tax on petroleum products transporters

Kampala, Uganda | THE INDEPENDENT | Oil marketing companies in Uganda have petitioned the Ministry of Finance to intervene in a tax dispute with Uganda Revenue Authority. Recently, URA wrote to the companies demanding that they remit 15 per cent withholding tax on all foreign transport payments incurred over the years …

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MPs approve withholding tax exemption on agricultural supplies

Kampala, Uganda | THE INDEPENDENT | The Finance Committee of parliament has recommended the amendment of the Income Tax Act to exempt agricultural supplies from withholding tax. In its report to parliament, a copy of which URN has seen, the committee recommends the amendment of Section 118 of the Income tax …

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