Imagine moving your own stock from a central warehouse to a branch, only for the taxman to later call it a “sale” and demand billions in tax. That is exactly …
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BusinessEconomicsFinanceFisheriesInsuranceLatest NewsLegalTaxation
How IHK Won Against URA But Remained Indebted
When a company takes on the Uganda Revenue Authority (URA) in court, the outcome rarely affects just one organisation. It often reshapes how other businesses operate behind the scenes. That …
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FinanceNewsOpinionsTaxation
When a Lease Becomes Rent – TAT Redefines the Boundaries Between Business and Rent Income
The email from the Uganda Revenue Authority landed like a thunderclap: “Notice of assessment forundeclared rental income.” For the management of Lake Victoria Hotel Limited, those words carried aweight no …
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FinanceLatest NewsLegalNewsOpinionsReal EstateTaxation
When a Shareholder’s Loan Becomes a Company’s Headache
A case of JK Country Homes Limited v URA. Across the globe, shareholder loans have long been a convenient way for investors to support their companies. In their simplest form, …