The African Tax Administration Forum (ATAF) has appointed the former Commissioner General of Rwanda Revenue Authority, Ms. Mary Baine as its new Executive Secretary, effective 1 July 2025. Ms. Baine…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Uganda Revenue Authority Commissioner General, John Rujoki Musinguzi has released net tax collections for the half-year from July to December 2024 recorded at UGX 15 trillion against a target of…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Income tax primarily relates to profits or gains arising from business activities, property ownership and employment. While there are general principles applied in determining what is taxable, overall, a tax…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Income Tax(Amendment) Act 2023 has repealed Section 27A of the Principal Act which provided for initial allowances as a fiscal policy geared at enabling investors in industrialisation and manufacturing…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
Capital gains arise when you sell an asset for more than you originally bought it. There are two kinds of assets in the Income Tax Act; a depreciable asset and…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Tax Procedures Code (Amendment Bill) 2023 which was published in the Gazette of 30th March 2023 has many novel amendments but this commentary focuses on the proposed amendment to Section 42 of…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Tax Procedures Code (Amendment) Bill 2023 has a number of provisions that attempt to correct the complications and injustices related to the waiver of penalties and interest that has…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
The Income Tax Bill published on 30th March 2023 is spectacular in that it attempts to make dramatic reforms in tax. Apart from doing away with the incentive for investors…
This Is Premium Content. Subscribe And Save On Unlimited Access With Our Best Offers!
