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March 22, 2022
Maria Zoupa and Daphne Cozonis of Zepos & Yannopoulos discuss some of the tax considerations usually relevant for both sellers and buyers when planning and negotiating the transactional part of such acquisitions of non-listed companies seated in Greece.
May 22, 2021
The highs and lows of 10th Parliament Saturday May 22 2021 Summary On May 11, the 10th Parliament was dissolved after a five-year term that commenced in May 2016. The disbandment of the House paved way for the MPs-elect swearing-in this week, which ran from May 17 to 20. This will be followed by the election of Speaker and Deputy on May 20 at Kololo. As the 11th Parliament commences, Esther Oluka looks back at the performance of the previous House. Advertisement On May 11, Speaker of 10th Pa...
May 19, 2021
Will alternative dispute resolution regarding taxes prove cheaper May 19, 2021 A Uganda Revenue Authority official engage manufacturers Tax disputes by their nature tend to overwhelm even seasoned taxpayers with a sense of helplessness. This is because they set a taxpayer against the government which considers outstanding taxes as debts owed to government. Under the Tax Procedures Code (Amendment) Bill 2021, the government has proposed to introduce...
May 7, 2021
Daily Monitor Friday May 07 2021 Tax disputes by their nature tend to overwhelm even seasoned taxpayers, with a sense of helplessness. This is because they set a taxpayer against the government which considers outstanding taxes as debts owed to government. Under the Tax Procedures Code (Amendment) Bill 2021, the government has proposed to introduce Alternative Dispute Resolution (ADR) mechanisms for resolving tax disputes before the Uganda Revenue Authority (URA). Simply put, ADR refers to ...
April 13, 2021
Proposed taxes will increase cost of doing business Tuesday April 13 2021 Passenger Service Vans in Kampala. The government is planning to re-introduce an annual licence by July this year following the Traffic and Road Safety Act Amendment Bill 2021. PHOTO/EDGAR R. BATTE Summary Revenue targets. Government hopes to raise at least Shs400 billion from 10 Tax (Amendment) Bills 2021 in the quest to meet revenue targets in an economy where the Covid-19 pandemic has battered collections. Advertisem...
April 7, 2021
April 7, 2021 Written by URN The ministry of Finance has proposed an annual license fee of Shs 200,000 for all car owners as part of the revenue sources to fund the FY 2021/2022 budget. State minister of Finance David Bahati, says that the move is intended to streamli...
April 6, 2021
Multiple taxes will kill businesses April 6, 2021 Finance minister Matia Kasaija tabling the tax proposals Government has failed to expand the tax base. Instead, it is imposing more taxes on already overburdened taxpayers. Government has come up with a string of tax amendments, which have either introduced new taxes or increased the rates at which the current taxes are imposed. The changes are included in the Tax Procedure Code (Amendment) Bill, 202...