I have previously written in this column about the new processes, procedures, and requirements related to the claim for refund of excess and...
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One significant amendment introduced by the Ease of Paying Taxes (EOPT) Act is the seller’s right to deduct and claim output value-added tax (VAT) credit on uncollected receivables, subject only to compliance with certain requisites provided under the rules.
I have previously written in this column about the new processes, procedures, and requirements related to the claim for refund of excess and...
There are increasing calls for the exemption of essential food items from Value Added Tax (VAT) to ease the financial burden on households.
Recently President Yoweri Museveni assented to the amendments to the Valid Added Tax (VAT) Act that […]
The Bureau of Internal Revenue has expanded the list of medicines exempted from value-added tax (VAT), to include medications for cancer, hypertension...
AS government scrambles to meet revenue targets, the Bureau of Internal Revenue (BIR) exempted more than a dozen medicines from value-added tax (VAT).
Key among them includes, Amendment of the VAT Regulations 2017 (L.I. 2255) to grant Exemptions on Active Pharmaceutical Inputs and Finished Products,...
Businessman Desmond Amunyela says local businesses also want to be exempted from paying certain taxes, like farm owners. Some prominent local figures...
The Center for American Progress on Tuesday released an analysis of the tax plans in Project 2025, a right-wing manifesto whose authors have close...
A common Republican attack on 2024 Democratic vice presidential nominee Tim Walz is that the Minnesota governor committed "stolen valor," a term used...
The IRS introduces significant changes to facilitate investors