Vimarsana
Biggest News Aggregation in the World

Page 4 - Tax Procedures Code News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Tax Procedures Code. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Tax Procedures Code Today - Breaking & Trending Today

Will alternative dispute resolution regarding taxes prove cheaper - Vimarsana News

Will alternative dispute resolution regarding taxes prove cheaper

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 Alternative Dispute Resolution (ADR) mechanisms for resolving tax disputes before the Uganda Revenu...

Will alternative dispute resolution channels be cheaper and easier? - Vimarsana News

Will alternative dispute resolution channels be cheaper and easier?

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 the use of mechanisms other than the conventional methods like courts to resolve disputes. Some of t...

Proposed taxes will increase cost of doing business - Vimarsana News

Proposed taxes will increase cost of doing business

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. Advertisement On April 1, Finance Minister Matia Kasaija proposed a raft of tax amendments, most of which tax ...

Car owners to pay annual Shs 200,000 for road licence - Vimarsana News

Car owners to pay annual Shs 200,000 for road licence

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 streamline the transport sector by getting rid of illegitimate cars and raising money for the maintenance of...

Multiple taxes will kill businesses - Vimarsana News

Multiple taxes will kill businesses

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, 2021, Traffic and Road Safety (Amendment) Bill, 2021, Excise Duty (Amendment) Bill, 2021, Income Tax (A...