WebDec 31, 2000 · Income Tax Act Uganda Uganda Income Tax Act Chapter 340 Commenced on 1 July 1997 [This is the version of this document as it was at 31 December 2000 to 30 June 2001.] [Note: The version of the Act as at 31 December 2000 was revised and consolidated by the Law Reform Commission of Uganda. All subsequent amendments … WebAct 10 2024 2. Amendment of the Income Tax Act, Cap. 340. The Income Tax Act, in this Act referred to as the principal Act is amended in section 2 by inserting immediately after paragraph (bb) (C) the following— “(D) a body established by law for the purpose of regulating the conduct of professionals;”; 3. Amendment of section 5 of ...
Income Tax Act (2) - laws of uganda - Studocu
WebUganda's education act of 2008 states that parents are responsible for providing meals for their children while at school. In order to standardize and to ensure food quality and safety, parents are supposed to pay either in cash or in kind so that food is prepared and served at school to all children. I have observed that in a number of ... WebBill No. Income Tax (Amendment) Bill 2024 22. Substitution of section 118B of principal Act The principal Act is amended by substituting for section 118B the following— “118B. Withholding of tax by the purchaser of an asset (1) A person who purchases an asset situated in Uganda shall withhold tax on the gross amount of the payment, garden centre poundbury dorchester
JOSHUA KATO (CA): What you need to know about the new tax …
WebApr 12, 2024 · A number of tax acts are in existence today in Uganda, to mention among others;- VAT Act Cap 349, Income Tax Act 340, Withholding Tax etc. On 30th March, 2024 … WebJan 4, 2024 · The Income Tax Act imposes a withholding tax of 15% on all payments made to non-resident persons who derive any dividend, interest, royalty, rent, natural resource payment or management charge from sources in Uganda. A tax is withheld by the payer at a rate of 15% of the gross amount before I payment or remittance of the amount is made. WebFeb 24, 2024 · Laws reviewed i. The Income Tax Act CAP 340 (As amended, 2015) ii. The Income Tax (Transfer Pricing) Regulations, 2011. 1. Meaning of thin capitalization A company may be financed either... garden centre petworth