February 2022 – The Taxman

C.G Reaches Out To Koboko Leaders Over Recent Incitement Complaints

BY RYTTER MUZIRA URA’s Commissioner General, John R. Musinguzi and Koboko Members of Parliament have agreed to work together to determine how to tackle incitement in West Nile in future. This meeting follows the unfortunate incident that happened on Wednesday where undisciplined locals attacked the Koboko Domestic Taxes office after an interception of a suspected …

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Online Fraudsters On The Rise, Be Alert

The Lead Story / By Rytter Muzira / February 24, 2022 February 25, 2022

By Solomon Kimbugwe In the age of excessive use of internet and the ever-growing e-commerce market, the attraction to buy something offered through the digital process is trending. The preference to purchase items using the digital process coupled with the convenience of the item finding its way to you is what the scammers have taken …

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URA Tightens Intelligence Network Amidst New Tricks From Smugglers

The Lead Story / By Immaculate Wanyenze / February 23, 2022 February 23, 2022

IMMACULATE WANYENZE The thought of a Judge gavel, handcuffed wrists and the penalties that come with smuggling are perhaps the least of worries for Abdu Ofuba,39. He is not about to blur his ambition of the “get-rich-quick” mission with smuggling. From reports, Ofuba is a notorious offender who often uses porous routes through Busia, Nakasongala …

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URA MEETS JUDICIARY TO TIGHTEN LEGAL LOOPHOLES IN REVENUE MOBILIZATION.

The Lead Story, Thought Leadership / By Rytter Muzira / February 22, 2022 March 1, 2022

By Nouella Anaso Over 50 of Uganda’s leading legal practitioners joined URA’s senior management team in a two-day training to tighten loopholes in revenue mobilisation. In focus, the discussion centred on the use of Alternative Dispute Resolution as a major mechanism to solve tax disputes and off-set backlog cases to generate revenue. This was during …

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Contraband Cosmetics Still On The Rise And Stifling Revenue Collection

The Lead Story / By Rytter Muzira / February 17, 2022 February 22, 2022

By IMMACULATE WANYENZE Vaselines, creams, soaps and cosmetics that promise to lighten skin colour are increasingly popular despite their prohibition in Uganda. The sad thing is that the women and some men that have specialized in using them for “extra beauty” completely ignore the health risks. In Kisaasi, Eva Nansubuga, a food vendor, is one …

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URA Bites: Two Corrupt Officers Face Long Jail Sentence

News, The Lead Story / By Immaculate Wanyenze / February 14, 2022 February 24, 2022

By Immaculate Wanyenze In 2014, Uganda Revenue Authority terminated two of its staff Mugerwa Dominic and Muhwezi Abias formerly of Domestic Taxes, Jinja office. These between the months of January 2014 and September 2014 approved VAT refund payments of UGX 6.5 Billion to Rising Star Commodities Ltd. The said company had purportedly exported brown sugar …

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MORE PRODUCTS TO BEAR DIGITAL TAX STAMPS

News, The Lead Story / By Rytter Muzira / February 11, 2022 February 11, 2022

By Florence Namuganza Uganda Revenue Authority has made five more products that will bear digital tax stamps aside of Beer, Soda, Bottled water, Wines, Spirits, Tobacco products, Sugar and cement which were gazetted earlier. The new products include; cooking oil, juices, alcoholic, non-alcoholic and fermented beverages. This development is expected to take effect on May, …

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HALF YEAR REVENUE PERFORMANCE – July 2021 to December 2021

News, Press Brief, The Lead Story / By Immaculate Wanyenze / February 2, 2022 February 2, 2022

Performance Overview Overall Revenue Performance Uganda Revenue Authority was given a revenue target, by the Ministry of Finance, Planning and Economic Development, of UGX 22,363.51 billion which is 16.10% (UGX 3,100.51) higher than the actual revenue collection from the last financial year. As a result, in the last six months, URA projected to collect 49.47% …

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Month: February 2022