Tag: Tax
Understanding Tax on Interest in International Payments in Uganda
Financing is a core part of running business and in Uganda, debt financing is a popular one. Currently, Uganda’s Central Bank lending ...Is Uganda ready to tax Digital Multi-National Enterprises?
It is now common knowledge that the digital economy dominated by several USA and European companies such as Google, YouTube, Facebook, Netflix, ...Analysis: Rwenzori Vs. URA Tax Ruling Confirms Parliament’s Intention to limit base erosion and Profit ...
On Tuesday, 25th October, the Tax Appeals Tribunal in Rwenzori Bottling Co. Ltd vs. Uganda Revenue Authority (URA) Application No.21 of 2021 ...France has set a digital tax precedent; should Uganda and Africa follow?
In November this year, the Ugandan government through the Ministry of Finance announced that it is set to introduce a digital service ...Syndicated loans and tax implications – The case of Ham Vs DTB
There’s a lot of discussion around the merits and implications of the judgement in the HAM vs DTB case. I have had ...ATC Uganda Vs. Uganda Revenue Authority: Where will ruling leave start ups raising seed capital?
Most tech startups worldwide raise money through venture capital and use the venture capital method as a way of valuing young tech ...COVID-19 Donations And Tax Deductibility: The Importance Of Phrasemes In Statutory Interpretation
On COVID donations and their tax deductibility, I [have already] observed that a gift or donation made by a taxpayer to ...VIVO Energy Wins Case Against URA As Court Confirms Rent Paid In Respect Of Leases ...
Overview This article focuses on the recent decision of the commercial court following an appeal by Vivo Energy against URA. The key ...Supreme Court and Court of Appeal have no jurisdiction in tax matters: A correct albeit ...
In a judgement delivered on 9th March 2020, a panel of three Court of Appeal Justices (Kakuru, Madrama and Musota JJA) has ...TAT Decisions On Leases And Their Characterisation – The Ratio Decidendi In VIVO Energy & ...
In both cases, the taxpayer had amortised lease rental expenses for land that had been paid in advance for the term of ...
