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#URAPressBrief22 LED worth UGX 777.67 billion was collected against a target of UGX 909.46 billion hence a performance of 85.51% and a shortfall of UGX 131.79 billion. However, a growth of UGX 61.89 billion (8.65%) was registered compared to the same period in 2020.

BREAKING: Cryptocurrency earned from staking or mining rewards may NOT trigger taxable income at time of receipt as a result of Jarret vs. IRS court case. This is potentially a MASSIVE win for the cryptocurrency industry. blockworks.co/sources-in-win…

🐟 @nobigfish BeingBulliedByHMRC George Turner Treasury Committee Kevin Hollinrake MP HM Revenue & Customs Deliberately not disclosing a known liability (E.g the LC) might be construed as “illegal”. It is certainly deliberate conduct which comes with a 20 yr discovery window; penalties and a perhaps even the risk of prosecution.

🐟 @nobigfish BeingBulliedByHMRC George Turner Treasury Committee Kevin Hollinrake MP HM Revenue & Customs Fundamentally as long as any planning is reasonably & genuinely thought to achieve the desired result & is fully disclosed that does not become illegal if the Courts (or retrospective legislation) later determine otherwise

India turned down a demand of Elon Musk’s Tesla for tax breaks to import electric cars, saying rules already allow bringing in partially-built vehicles and assembling them locally at a lower levy. btaxgo.com/aILnA3v

🙅🏼‍♀️🙅🏾‍♀️ATAF, through the ATAF Women In Tax Network (AWITN), encourages diversity, equity and inclusiveness in the tax sector. Together we can forge women's equality. Collectively we can all #BreakTheBias #women #AWITN #ataf #womenintax

🗓️Learn how tax administrations are embracing digital transformation in our upcoming webinar! Join us to gain practical insights & explore the theme of "Digital Transformation of Tax Administrations" with ATAF and CATA. Register now: bit.ly/3OuaoPX #ATAF #TaxTwitter

Set a reminder for my upcoming Space! x.com/i/spaces/1nAKE…

Greetings, Join us for yet another tax policy discussion today at 4pm. We will discusss taxpayers rights viz a vis effective enforcement, “Balancing the boat”. Your insights are crucial as we explore Uganda’s tax landscape. Time: 4pm Venue: x.com/i/spaces/1nAKE…

We are starting very soon!!

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Join us for a tax policy discussion on tax payers rights vis a vis the URA enforcement mechanism. We are already started! x.com/i/spaces/1YqGo…

What happens when taxpayers rights are constrained by digital tools. x.com/i/spaces/1YqGo…