Uganda Revenue Authority closed Good African Coffee shops in the city owned by businessman Andrew Rugasira for three days over unpaid tax arrears amounting to Shs1billion. The shops were reopened days later after reported talks between the businessman and the authority. URA head of debt collection Stanley Kalemera …
Read More »Twenty-one arrested in California at Trump tax protest
San Francisco, United States | At least 21 people were arrested after opponents of President Donald Trump and supporters clashed at a march in Berkeley, California, US media said Saturday. Hundreds of people gathered at a park, including Trump supporters who held a free speech rally, while opponents of the …
Read More »RWANDA: Chasing tax revenues in the Great Lakes
Report shows that Rwandans were most responsive to either gentle reminders or positive messages underscoring the role of tax in funding public services By Neil Ford Rwanda has piloted a promising project that encourages more people to pay income tax. The venture boosted tax revenues in 2016 by $9m, according …
Read More »KADAGA: Income Tax Amendment Bill is now law
Uganda Parliament Speaker Rebecca Kadaga has confirmed that the Income Tax Amendment Bill (copy bottom) is now law. Kadaga told parliament on Wednesday that technically, the law has been assented to despite President Yoweri Museveni returning the bill to parliament for the third time last month, seeking amendments. The Income Tax Bill …
Read More »You will pay more taxes in Portugal if your house faces the Sun
Here comes the Sun — and it will cost you, says Portugal Lisbon, Portugal | AFP | Property? It’s location, location, location, as any real estate vendor — and the Portuguese taxman — will tell you. Under fiercely-contested fiscal changes which became law on Monday, people buying a home in …
Read More »Uganda re-elected on African tax forum council, wins 2 awards
Uganda has been re-elected member of the African Tax Administration Forum (ATAF) council at the ongoing General Assembly in Durban, South Africa. The country’s revenue authority URA also won two awards, coming top in Africa in the 2016 Innovation Awards in Customer Service and the Innovation Awards for Modernization. The new ATAF Council elected for …
Read More »TAX AMNESTY: Indians disclose $10 billion in hidden wealth
New Delhi, India | AFP | Indians have declared almost $10 billion in hidden wealth under a government amnesty on tax evasion, as part of Prime Minister Narendra Modi’s moves to crack down on huge piles of black money. Finance Minister Arun Jaitley said the four-month scheme that closed …
Read More »URA marks 25 years, sees growth from sh180b to 11trillion
Uganda Revenue Authority (URA) on Thursday marked 25 years since its formation, celebrating revenue growth of 6273% and a remarkable turnaround that now has them referred to as an employer of choice. At a thanksgiving at their Nakawa headquarters, Commissioner General Doris Akol hailed the turnaround of URA’s image and performance, shown …
Read More »Denmark to pay for Panama Papers data on tax evaders
Copenhagen, Denmark | AFP | The Danish government said on Wednesday it would pay an anonymous source for leaked data from the Panama Papers on hundreds of Danish taxpayers. “We must use the necessary measures to catch the tax evaders hiding fortunes in for example Panama with the aim to …
Read More »Apple on firm financial footing as EU tax bill hits
San Francisco, United States | AFP | A multi-billion-dollar tax bill imposed by the European Union could bruise Apple’s image more than its finances, which remain solid even as the trend-setting company looks for the next big thing. Analysts interviewed by AFP saw Apple as being in position to fend …
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