Income Tax Act Archives – CEO East Africa

Heavy Taxes, Thin Margins: Why Uganda’s Rental Tax Policy is Testing Real Estate Growth Potential

CEO East Africa MagazineThe Big StoryDecember 31, 2025December 31, 2025

On the surface, Uganda’s real estate sector appears to be thriving. Cranes dot Kampala’s skyline, mortgage uptake is rising, and Government revenue from corporate and rental income taxes continues to…

TotalEnergies EP Hit With $100,000 Penalty Over Delayed Tax Audit Disclosures in Uganda

CEO East Africa MagazineThe Big StoryDecember 22, 2025December 22, 2025

The Tax Appeals Tribunal has upheld a $100,000 (UGX357 million) penalty imposed on TotalEnergies EP by Uganda Revenue Authority (URA) for failing to provide transfer pricing information within prescribed timelines…

URA Directs Ugandans to Declare Global Income as Foreign Asset Crackdown Begins

Muhereza KyamuteteraThe Big StoryNovember 20, 2025November 20, 2025

Uganda Revenue Authority (URA) has launched a sweeping enforcement campaign requiring all Ugandan tax residents with foreign bank accounts, property, or investments to immediately declare their worldwide income and assets,…

Income Tax(Amendment) Act 2023: Repeal of investment incentives could hamper industrialisation and job creation efforts

Mark RuhindiBusiness & Markets Company News Thought LeadershipAugust 28, 2023August 28, 2023

The Income Tax(Amendment) Act 2023 has repealed Section 27A of the Principal Act which provided for initial allowances as a fiscal policy geared at enabling investors in industrialisation and manufacturing…