The Tribunal’s ruling, delivered on February 6, 2025, reinforced the principle that once the identity, creditworthiness, and genuineness of loan creditors are established, additions under sections ...

High Court’s dismissal of an appeal by the Uganda Revenue Authority (URA) against the Trustees of the Bank of Uganda Defined ...

In a decision providing clarity on how discrepancies in stock reporting should be treated for income tax purposes, the Income Tax A ...

On appeal, URA asked the High Court to overturn TAT's ruling. However, Justice Odoki upheld the Tribunal's interpretation. Citing Section 70(f) of the Income Tax Act, the Court held that a trust ...

A recent ruling providing tax relief to NRIs on MF capital gains has taxpayers mulling a move abroad, but the tax authorities ...

Senate President Godswill Akpabio announced the passage, saying, “A bill for an act to establish a joint revenue board, the tax appeal tribunal. A bill for an act to repeal Federal Inland ...

The first tier tribunal (FTT) has shed light on what constitutes a release or write-off of an overdrawn director’s loan for the purpose of section 415 ...

The Special Tribunal has ruled that companies owned by Thapelo Buthelezi must repay more than R532 million, linked to improperly awarded contracts first exposed by Spotlight. Buthelezi intends to ...

A family in France has been hit with a huge additional inheritance tax bill after officials investigated a loan made between ...