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Tag Archives: taxes

Trump signs bill on taxes, spending and debt ceiling

NEW YORK, the United States | Xinhua | U.S. President Donald Trump signed his landmark policy bill, the One Big Beautiful Bill, into law on Friday afternoon. The signing ceremony at the White House came a day after the bill was narrowly passed by the House of Representatives on Thursday. …

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Experts warn gov’t on unplanned loans

Kampala, Uganda | THE INDEPENDENT | Experts have urged Uganda to avoid taking loans for which they never prepared and planned, as this distorts growth and development. This comes as the country embarks on what many have termed “ambitious”, a journey to grow the economy from the current 53 Billion …

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REPORT: Americans are spending less due to Trump tariffs

LONDON, UK | Xinhua | Americans are planning to spend less money this summer due to the impact of U.S. President Donald Trump’s trade tariffs, The Independent has said, citing polling, surveys and media reports. In a survey by personal finance company WalletHub, 45 percent of respondents said tariffs are …

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URA introduces real time taxpayer audit

Kampala, Uganda | THE INDEPENDENT | The Uganda Revenue Authority (URA) has introduced a new tax compliance system that will help taxpayers maintain compliance and avoid adverse consequences. The domestic taxes compliance improvement plan (CIP) for the financial year 2024/25 lists 20 areas that, when not addressed by taxpayers, usually …

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Dear Ugandan Taxpayers, WHY? And FOR HOW LONG?

  COMMENT | Olivia Nalubwama | The National Resistance Movement (NRM) government of Uganda is out here doing good like a shifty-eyed Father Christmas in August —  sprinkling favors like tax waivers worth UGX13.391 billion to eight taxpayers. The eight taxpayers: J2E Investment Corporation Limited (J2E), Nicontra Limited, Busoga University, Nkumba University, …

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