Umeme Limited wins landmark case in the Tax Appeals tribunal

Getting your Trinity Audio player ready...

Uganda’s main electricity distribution company Umeme Limited has won a landmark case in the Tax Appeals Tribunal, which ruled that Umeme was entitled to claim depreciation allowance in respect of assets acquired by Umeme and initial allowance for assets placed in use by Umeme 50km outside Kampala. Commenting on the ruling, Umeme Limited Senior Legal Manager Allan Rwakakooko said this is a win