Tax recovery from recently closed deals troubles URA

[ad_1] Uganda’s tax authority is working feverishly to collect unpaid taxes from numerous local companies that have merged with other sovereign peers amidst turbulent economic conditions that are forcing businesses…

Tax holidays wipe out Shs160b in corporate tax

[ad_1] Uganda is losing approximately Shs160 billion annually due to foregone Corporate Income Tax mostly from multinational companies as a result of tax holidays, according to Uganda Revenue Authority (URA).…

Small industries ask govt to consider them for tax incentives

[ad_1] Stakeholders in small scale industries have asked government to reduce the incentive threshold, noting that the current one locks majority of them out.  Speaking during a dialogue on the…