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Apr 9 results
10:58
10:58

Court Quashes COSASE Recommendations on Presidential Handshake doris akol 1

The money was given to government officials following court victory against oil company, Heritage in London in 2015. Here, the United Nations Commission on International Trade Law (UNCITRAL) dismissed a case filed by Heritage, which had challenged a decision by URA to collect a Shs 1.1 trillion capital gains tax. This was after Heritage sold its stake to Tullow Oil.
08:51
08:51

Rich People Prefer Agency Banking to Mobile Money – URA doris akol 1 Top story

According to Bank of Uganda, agents licensed stood at 8,104 as of June 2019. And in the six months to June 30, 2019, the value of transactions processed by the active agents amounted UGX 5.74 trillion.
22:19
22:19

Uganda to Lose UGX 500bn to Tax Incentives in 2019/20 Financial Year doris akol 1 1 Top story

Akol said in the six months to December 2019, the country lost USD 5.8m (Shs 21bn) because of the waiver that has been extended to those importing brown husked rice.
14:55
14:55

URA Registers UGX 700 Billion Shortfall for Half Year Tax Collections domestic taxes 1 2

Doris Akol, the commissioner-general, told reporters on Thursday at URA headquarters in Nakawa that the tax body managed to collect 9 trillion shillings from July against the target of Shs 9.7tn. This, however, means the revenues collected have grown by 11.2% compared to the same period in 2018/2019 financial year.
20:19
20:19

Physical Address For Tax Assessment No Longer Makes Sense-URA tax evasion 1 Top story

“We are cognizant of the fact that there are challenges we need to address - the digital economies. For example, Jumia, Google, Facebook and Kikuu, to mention but a few are around us. We have all used them in a way or another, and yet we are not registering revenue numbers in terms of collections from them,” Akol said.
11:41
11:41

URA Back Tracks on Tax Certificate to Transfer UGX 50m Abroad doris akol 1

The order, which became public on Wednesday issued by commissioner domestic taxes Henry Saka, had raised dust among entities with some saying the threshold was small. Also that requiring tax certificate means an extra layer of bureaucracy.
15:07
15:07

URA Raises Red Flag on Tax Avoidance in Oil Sector doris akol 3

According to the Tax Justice Network, Tax Avoidance is when a company legally doesn't pay taxes through tax planning. Akol points out that URA's capacity to monitor such schemes is limited but adds that the tax body is training some of its staff in identifying such schemes and being assertive.
14:46
14:46

Who is Doris Akol? cg doris akol 3 1 Top story

Nineteen years ago, Doris Akol joined Uganda Revenue Authority's legal department. She is now going to head to the authority, after beating seven others to the job. As a trained lawyer, with a Masters Degree from Makerere University and another from the University of McGill in Canada, she was described by Allen Kagina, the out-going Commissioner General as a person who pays attention to detail and efficient in what she does.
11:47
11:47

Doris Akol Appointed URA Commissioner General 2 Top story

Doris Akol, who hitherto served as the commissioner for legal and board affairs takes over from Allen Kagina.
Apr 9 results