

Bruce
2.1K posts




TAX CASE ALERT: The @TaxAppealsUg has ruled in favour of @mtnug, waiving the 30% prepayment requirement and blocking @URAuganda from collecting UGX.169.9 billion (USD 45m) in disputed taxes. The Tribunal held that URA failed to follow due process when it issued an objection decision without a prior valid assessment and objection, and therefore the 30% rule could not be triggered against MTN. Having found that the UGX 169.9 billion tax liability arose from an objection decision that was not founded on an objection to a valid assessment, the Tribunal issued an injunction restraining URA from collecting the disputed taxes and the 30% thereof from MTN Uganda. Congratulations to our Tax practice team that was jointly instructed by our client @mtnug alongside our colleagues from @SL_Advocates.






🚨🇲🇽🇨🇺 BREAKING — : “You're Not Alone.” Mexico Send Aid + Message to Cuba After Trump Stole Oil

Regulatory Capture in Uganda’s Sugar Industry. ======= Uganda is a funny country. Our leaders are loud about value addition, manufacturing growth, and indigenous participation in productive sectors of the economy. They even summon investors to come here and build. They speak well the language of industrialization, so well it feels good to be born Ugandan. Then they design structures that make entry into industry look like trespassing. I took time to study the Sugar Industry Stakeholders Council over the weekend. It is shoddy policy work. In fact, it borders criminality. Some of the key members who influence decisions within that council, including its chairperson, are themselves owners of sugar mills. In effect, businesses already operating factories sit inside the body that influences whether new competing mills may be licensed. Owners of sugar mills are regulating themselves and just inviting our government to only attend the party. Economists call this regulatory capture. When private sector actors gain significant influence over the institutions meant to regulate them, especially sugar moguls, let me not say what I am thinking. And here is where Uganda becomes funny in a very serious way. A basic principle of regulatory governance is the avoidance of conflict of interest. The body that decides who enters a market should not be structurally tied to the businesses already inside that market. Because once incumbents sit at the gate, the line between regulation and protection of existing interests becomes dangerously thin. So on one hand, government is busy telling citizens to invest, add value, industrialise. On the other hand, the gate is partly held by those already eating, moreover aliens. Meanwhile, the Ugandan farmer keeps growing cane and looking for a market. So, if I may ask a really honest question, can an industry truly grow when those already inside it help decide who else is allowed to enter? @SH_LocalContent @KagutaMuseveni @mtic_uganda @GovUganda @MAAIF_Uganda @ugandainvest @NPA_UG @FinanceUganda @Parliament_Ug @IGGUganda @CompetitionUg @unffe @PrivateSectorUg

@sejudav Ssebo,I used 2 believe in African spirituality until I went to my ancestoral home in Kyayi,Gomba and came face to face with the "ancestors".It's then that I came to learn that,African spirituality is"spiritual poison"!





💥 Meet Our Esteemed Guest Speaker! 📣 We are honoured to host Dr. Oscar Kambona, a distinguished Tax Practitioner, as the Guest Speaker at the 5th Edition of the Tax Nights. ✨ Dr. Kambona is the Tax Partner and Head of the Tax Practice at @KAAdvocates


🇨🇳 Official data reports that 12% of China's vehicles are now EVs, with fuel sales plunging 5.7% in 2025