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Clearing firm Multiple ICD Loses Case against URA, to pay UGX2.8bn tax arrears
The Tax Appeals Tribunal has ruled in favour of tax informer's right to be awarded. Courtesy photo
Clearing and Forwarding firm, Multiple ICD Limited will pay more than UGX2.8 billion to Uganda Revenue Authority (URA) after losing an application challenging the Value Added Tax (VAT) assessment for leasing equipment and a plant.
The Tax Appeals Tribunal (TAT) has dismissed an application in which Multiple ICD Limited was challenging the VAT assessment of UGX2,860,326,866.
The assessments f
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