Day: November 30, 2022

BAT donates a cigarette destruction machine to URA

By Florence Namuganza & Niyonshima Joshua URA has stepped up its fight against illicit trade through acquisition of a mobile cigarette destruction machine that will be used to destroy illegal cigarettes seized by the authority ’s customs enforcement team. The Hammermill is a donation from the British American Tobacco (BAT) to provide a convenient, effective …

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URA has resumed spot checks on EFRIS compliance

By Elizabeth Nakiru The Electronic Fiscal Receipting and Invoice System (EFRIS)  Unit at URA has embarked on active monitoring and enforcement of non-compliant EFRIS taxpayers.The enforcement operations started on November 14th  and will go on till December 23rd 2022. The officers are currently deployed at hardwares and supermarkets to conduct these checks and ensure compliance …

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Busia enforcement team impounds truck with smuggled garments

By Simon Ssentale Wasswa Following intelligence reports of Truck Reg No UAZ 311H that had loaded items from Kenya, the URA Busia enforcement team deployed at all the notable porous areas. On the day of operation, by 6:00am, all the common routes of Majanji, Butebo and Sofia were covered waiting for the said truck. Unfortunately, by 7:00am, …

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Tax amendments

No AMENDMENT JUSTIFICATION 1. Reviewed the definition of Beneficial Ownership: Beneficial ownership was first defined in 2019. The revised definition seeks to:(i) Replace the “final ownership” and “absolute control” tests with the ultimate control or ownership test;(ii) Eliminate the error in the current provision by separating the definition of a Beneficial Owner from the methodology …

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