URA--Commercial transactions via the internet to be taxed.

In Summary
  • The tax body has already submitted their policy measures to the Finance Ministry.
  • Expectations are that policies are passed by Parliament and enforced in the next financial year 2022-2023.

 

URA Commisioner General John Musinguzi
URA Commisioner General John Musinguzi
Image: NOUELLA ANASO--URA

The Uganda Revenue Authority- URA expects by June 1st, 2022 to have on board taxation policies on commercial transactions conducted electronically on the internet like on social media.

John Musinguzi, the URA Commissioner General says they have already submitted their policy measures to the Finance Ministry with expectation that the policies are passed by Parliament and enforced in the next financial year 2022-2023.

This was during the two days 10th annual Taxation training for Justices of the High Court and Members of the Tax Appeals Tribunal held at Serena Kigo ,presidede over by Justice Flavian Zeija, the Principal Judge of Uganda .

the training was held under the theme; "Developments in Tax law, Policy and Administration, Delivering Uganda to Economic Independence".

CG john Musinguzi Rujoki presents a URA Souvenir to participants.
CG john Musinguzi Rujoki presents a URA Souvenir to participants.
Image: Noueiia Anaso-URA

Musinguzi further calls upon the judiciary together with the and the Tax Appeals Tribunal to dispose off the backlog of 350 tax cases valuing over 1.2trillion shillings for this money to be injected into the country's economy,

In his response, Justice Flavian Zeija, the Principal Judge of Uganda, said that they are to ensure cases related to URA are prioritized in court so that they are disposed of and have the money circulated into the economy.