The Kampala Report
  • Latest
    • Community
    • News
    • Trends
    • Education
    • Health
    • Africa
    • World
  • Money
    • Business
    • Finance
    • Farming
    • Tech
    • Winning Brands
  • Talk Back
    • Editorial
    • Op-Ed
    • Columnists
  • Politics
    • Parliament
    • Elections
  • Society
    • Entertainment
    • Relationships
    • Travel
  • Sports
  • Impact
    • Investigations
    • Special Reports
  • FACT CHECK
SUBSCRIBE
No Result
View All Result
  • Latest
    • Community
    • News
    • Trends
    • Education
    • Health
    • Africa
    • World
  • Money
    • Business
    • Finance
    • Farming
    • Tech
    • Winning Brands
  • Talk Back
    • Editorial
    • Op-Ed
    • Columnists
  • Politics
    • Parliament
    • Elections
  • Society
    • Entertainment
    • Relationships
    • Travel
  • Sports
  • Impact
    • Investigations
    • Special Reports
  • FACT CHECK
No Result
View All Result
The Kampala Report
No Result
View All Result
Home Money Business

Govt to challenge court order on gold tax after MPs query

byMIKE OPIO | theKR SPECIAL CORRESPONDENT
May 17, 2023
in Business, Finance, Money
Reading Time: 2 mins read
0
Hon. Kiryowa Kiwanuka addresses Parliament on Tuesday.

Hon. Kiryowa Kiwanuka addresses Parliament on Tuesday.

WhatsAppShare on FacebookShare on Twitter

Following pressure from the House, the Attorney General has revealed that government will challenge the interim orders exempting payment of taxes on gold exports.

Hon. Kiryowa Kiwanuka made the disclosure while responding to concerns raised by legislators on a waiver issued by the Ministry of Energy and Mineral Development that slashed taxes on the gold to Shs43 billion from Shs616 billion.

In 2021, the Ministry of Finance, Planning and Economic Development issued a directive to halt the implementation of the five per cent levy (US$200) on each kilogramme of gold exported.

In March 2023, the Minister for Energy and Minerals Development, Hon. Ruth Nankabirwa, directed the Uganda Revenue Authority (URA) to halt the recovery of gold export taxes.

RELATED STORIES

Works on the collapsed Katonga Bridge

Transport paralysed as alternative route on Kampala-Masaka Highway collapses

June 2, 2023
76
Investors and Rubanda district officials surveying one of the Iron ore mineral deposit in Muko sub county.

Investors to construct Iron Ore plant in Rubanda

June 2, 2023
75
JCRC shows off the just launched blood irradiation machine

Uganda gets first blood irradiation machine

June 2, 2023
71
Dr. Bob Alex Ogwang the Acting Executive Director of UNMA.

Rainy season not about to end, says Meteorological Authority

June 2, 2023
69

In his report on the performance of URA for the Financial Year 2021/2022, the Auditor General noted that URA failed to collect Shs340 billion in taxes from gold exports, which was estimated to be recovered after the five per cent levy was implemented.

The Attorney General, during the plenary sitting on Tuesday, 16 May 2023 chaired by Speaker Anita Among, replied to queries by the Leader of the Opposition, Hon. Mathias Mpuuga, on the steps taken to vacate the interim orders by court, halting the payment of the taxes.

“We are appearing in court to pursue the Government position. An interim order does not take away the obligation but just stays it for that time. Any search in the laws of Uganda will not find an exemption to paying tax on gold,” said Kiryowa Kiwanuka.

He said gold exporters obtained the interim orders despite having agreed to terms contained in the Mining and Minerals Act, 2022 that require a percentage of tax to be paid on gold exports.

“Will the Attorney General tell us what is being done to resolve this matter, two years after the interim order were obtained? The statutory instrument under which these taxes should be paid expires in the next 30 days yet no steps are being taken to have the matter expended,” Mpuuga said.

Kiryowa Kiwanuka, however, said that tax collection is a matter of tax administration, adding that once a tax has been set in the law, an individual is required to pay it, adding that the statutory instrument for collection of taxes of gold was instituted after Parliament amended and passed the Mining and Minerals Act, 2022.

“Once the tax is in the law, it is payable and there are procedures to recover it. The recovery of this tax must be undertaken by the tax authority,” he added.

Mpuuga reiterated the need for the presence of the Minister for Energy and Mineral Development in the House, to present a report on the gold taxes.

“Government is struggling to raise revenue to finance the budget and is reluctant to collect taxes. The learned Attorney General speaking legalese does not help with the collection of these taxes on gold,” Mpuuga said.

He also put the Minister for Energy and Mineral Development on notice that he will present a report on export of marble from Karamoja without paying of taxes, which he said will require answers.

Share this:

  • WhatsApp
  • Tweet

Like this:

Like Loading...
Tags: Anita AmongAttorney Generalgold tax waiverGovernmentParliamentUganda Revenue Authority (URA)

Do you have a story in your community or an opinion to share with us: Email the editor on  editorial@thekampalareport.com

LATEST UPDATES

  • Transport paralysed as alternative route on Kampala-Masaka Highway collapses
  • UGANDA CUP FINAL PREVIEW: Vipers eye double as Police hunt maiden trophy
  • Investors to construct Iron Ore plant in Rubanda
  • Uganda gets first blood irradiation machine
  • Namugongo traders decry high rent charges

MOST POPULAR

  • Diana Kamuntu, Janet's youngest daughter and last born. PHOTO/COURTESY

    REVEALED! Why Museveni daughter Diana applied for name change at NIRA

    594 shares
    Share 238 Tweet 149
  • REVEALED: Slain blogger Isma Olaxes had expressed death fears

    67 shares
    Share 27 Tweet 17
  • More details emerge on bodyguard who killed Minister Engola

    35 shares
    Share 14 Tweet 9
  • LAND MARK: Court declares law against sale of Mairungi, cannabis null and void

    31 shares
    Share 12 Tweet 8
  • DETAILS! Killer of blogger Olaxes waited patiently for two hours

    27 shares
    Share 11 Tweet 7

INVESTIGATION

Judge hits out at state over ‘unsystematic investigations’ in Kirumira murder case

Late ASP Muhammad Kirumira
byMIKE OPIO | theKR SPECIAL CORRESPONDENT
April 25, 2023
0
109

On Monday, High Court Judge Margaret Mutonyi acquitted Abubaker Kalungi of the double murders of former Buyende district police boss...

Read more

State adduces 150 pieces of evidence against Kaweesi murder suspects

Felix Kaweesi. PHOTO/COURTESY
byMIKE OPIO | theKR SPECIAL CORRESPONDENT
March 29, 2023
0
117

On Tuesday, the matter came up for further pretrial hearing and the prosecution led by Lillian Omara tabled 150 pieces...

Read more

The Indigenous Benet; could they still help conserve Mt Elgon habitat

What the environment looks like today among the modern Benet in Kween district
byDAVID MAFABI | theKR Community Editor
March 27, 2023
0
135

Growing up in Mt Elgon forests in Kween district, Moses Muwanga, a Benet, deeply respects wild animals, Birds and the...

Read more

Kirumira murder trial: Parties make final submissions

Late ASP Muhammad Kirumira
byURN | theKR Partner News Agency
March 14, 2023
0
126

Having concluded the defense hearing last month, the court on Monday heard final submissions from the prosecution led by Thomas...

Read more

About Us

The Kampala Report is a news media start up, and aims to become the leading news and information source in Uganda. We are known for our accurate, authoritative news content, diversity of opinion and analysis, covering the latest news and events from Uganda’s capital Kampala, the Ugandan countryside and East Africa regional contexts.

Learn more

Recent Stories

  • Transport paralysed as alternative route on Kampala-Masaka Highway collapses
  • UGANDA CUP FINAL PREVIEW: Vipers eye double as Police hunt maiden trophy
  • Investors to construct Iron Ore plant in Rubanda
  • Uganda gets first blood irradiation machine

Follow Us

Facebook Twitter Instagram

No Result
View All Result
  • Latest
    • Community
    • News
    • Trends
    • Education
    • Health
    • Africa
    • World
  • Money
    • Business
    • Finance
    • Farming
    • Tech
    • Winning Brands
  • Talk Back
    • Editorial
    • Op-Ed
    • Columnists
  • Politics
    • Parliament
    • Elections
  • Society
    • Entertainment
    • Relationships
    • Travel
  • Sports
  • Impact
    • Investigations
    • Special Reports
  • FACT CHECK
%d bloggers like this: