State Minister of Finance, Hon.@henrymusasizi1 had asked the committee to support a waiver, citing severe financial distress, costly recovery and the firm’s role in major national infrastructure projects under Section 43 of the Tax Procedures Code Act.
@Parliament_Ug@henrymusasizi1 For fairness, the measures and attempt used to reach the conclusion that New Plan Ltd can be treated as Section 43 of the TPC Act, provide should be shared with the parliament. Beyond Sec 43, do we have sunset clause on this situation? Is VAT a total burden to a company?
Local governments have a clear mandate under the Public Health Act to take all lawful and necessary measures to prevent and respond to outbreaks. Yet, many districts struggle due to insufficient local revenue. The question is: Are we planning and allocating funds accordingly? — Mr. Henry Ssemanda, Tax Analyst #TaxJusticeUG
Arua is leading the way, but every district can succeed! SEATINI's ongoing efforts in capacity building ensure local governments have the tools, knowledge, and strategies to enhance revenue and improve service delivery. The journey continues! — Mr Drakuma Maliki, Town Clerk, central division, Arua City. #TaxJusticeUG
Central government is re-centralizing many functions because local governments fail to fulfill their mandates. "Some don’t even know they have these responsibilities!" If local governments don’t plan and allocate funds effectively, they lose authority. — Mr. Henry Ssemanda, Tax Analyst #TaxJusticeUG
Good morning, Africa! 🌍 The day is finally here! 🎉 Join us at 10:00AM/EAT for a Virtual Press Conference on Reforming the Global Financial and Economic Architecture. Don’t miss this insightful discussion! #TaxJusticeAfrica
Zoom: https://t.co/IYKcS7AbgK
🚨 The deadline for Uganda to comply with the EU Deforestation Regulation (EUDR) is looming!
Amidst many challenges faced by Uganda's coffee sector, EUDR poses new requirements.
Can @CoffeeUganda meet the Dec 31, 2024 deadline to submit a compliance report? 🕒
#EUDRDeadlineUG
The thin financial autonomy of local governments is constrained by the limited scope for Locally Raised Revenue contributing 1-5% to their budgets, conditioned Central Government transfers contributing 85%-87% where recurrent expenditures take a lion's share.@mofpedU@MoLGUganda
#Decentralisation. The availability of financial resources is a basic condition for effective decentralisation. Without some degree of fiscal decentralisation, the transfer of responsibilities cannot be operationalized @MoLGUganda@mofpedU
2/2 But this is hardly our first engagement with @URAuganda. Nor our last. As we wait for the research findings to come, meantime see this URA–ICTD co-authored paper by Ronald and @Santoro_Fab on taxing 🇺🇬 Uganda's high net worth individuals:
https://t.co/ffRDDZ7Yqa
#Tax4Dev
@EAC_yap The business owners are grappling with the digital stamp which has resulted in higher prices for consumer goods like soap. #Youthvoicesondebt. What costs should we pay to meet our debt obligations beyond cutting on the budgets for the social services?@SEATINIUGANDA
@EAC_yap in the Debt arena, there are collaterals and these are more found among private lenders. Some of the questions youth should ask are what have we "Ugandans" lost as a result of loan acquisition from private lenders and what are we yet to lose? @NYCofUganda@SEATINIUGANDA
@EAC_yap with the increasing desire for infrastructure development, inadequate DRM which was exacerbated by the outbreak of COVID-19 and COVID-19 recovery we cannot run the DEBT burden. The question (s) how can we make the debt we have attained benefit us #Youthvoicesondebt
So far SDRs equivalent to $281 billion US dollars have been allocated to IMF members, including SDR 182.6 billion that was allocated in 2009 in the wake of the global financial crisis.
#SDRsUg@AtimCharlotte@FrostProUg @digitaldidan @DiakoniaAfrica