A Review of Aspects of Tax Amendment Laws of 2024 On 15th July 2024, the President of Uganda assented to the proposed amendments to the Excise Duty Act, 2014, the Value Added Tax Act, Cap 349, the Stamp Duty Act, 2014, the Tax Procedures Code Act, 2014, and the Income…

The primary laws governing petroleum midstream activities Petroleum midstream activities primarily comprise the storage, processing and transportation of petroleum products. The primary laws for this sector include: The Petroleum (Refining, Conversion, Transmission and Midstream Storage) Act, 2013 (the “Midstream Act”); The Petroleum (Refining, Conversion, Transmission and Midstream Storage) Regulations, 2016;…

Uganda’s Parliament is currently considering the Electricity (Amendment) Bill, 2022 (the “Bill”). The Bill seeks to effect changes to the Electricity Act Cap 145 (the “Act”) which was enacted in 1999. Below is a highlight of key changes that would be of relevance to participants in the energy sector: Funding…

On the 31st of March 2020, the Ministry of Finance, Planning and Economic Development proposed certain tax law amendments for the July 2020 – June 2021 financial year in Uganda. Whereas certain amendments relating to value added tax and stamp duty laws were assented to by the President on 30th…