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📸: Hon Henry Musasizi, the Minister of State for Finance and General Duties presenting the request.
📸: Minister Musasizi Henry.
Hon Henry Musasizi, Minister of State for Finance, listed the beneficiaries of the latest tax waivers as; Nkumba University, J2E Investment Corporation Limited, Nicontra Ltd, Kisiizi Hospital Power Ltd, Busoga University, Makerere Business Institute, Peter Lokwang & businessman Donati Kananura.
📸: List of the Companies and Individuals government is requesting for their tax waiver.
Attached is the list of the beneficiaries, amounts proposed and reasons for the tax waiver
parliamentwatch.ug/wp-content/upl…
Photo by Ministry of Finance, Planning and Economic Development, Uganda.
"They said that this company (J2E Investment Corporation Ltd) is constructing barracks for the Army in Kaweweta, but because Government delayed to pay it. Government wants taxpayers to pay on behalf of this company its taxes because it has interests. What is shocking, UPDF these days has contracts in the construction industry, it is constructing stadia, and roads but when it comes to constructing the Army barracks, there is only one company doing that job," said Ssemujju.
📸: Hon Ibrahim Ssemujju Nganda.
"When we asked who owns the company (J2E Investment Corporation Ltd), they don’t say, when we asked when did the company start, they aren’t revealing this information. How is it possible that this company that started as a construction company only focuses on construction in the Army? And the Minister said he doesn’t know the owner of this company? Why is it that it is the only company given Army contracts, the Minister failed to explain?” added Ssemujju.
MPs also raised questions on the criteria used to award these tax waivers to which Minister Musasizi explained that if any taxpayer feels the need to benefit from the waiver, they submit your request to the Commissioner General of Uganda Revenue Authority & section 40(1) of the Tax Procedures Code Act gives the powers to the Commissioner General to recommend taxpayers for tax waivers.
“Where the Commissioner is of the opinion that the whole or any part of the tax payable under the law by the taxpayer can’t be effectively recovered, by reason of hardship, impossibility and due difficulty or excessive cost of recovery, the Commissioner may refer the taxpayer’s case to the Minister. And when the Minister receives the case, the law requires that we submit the case to Parliament and it is on this basis that I submitted a request,” explained Minister Musasizi.
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