The Stamp Duty Act: The Red Flags To Watch Out For In a bid to increase tax revenue, the Uganda Revenue Authority (URA) recently issued a notice to the public emphasizing the necessity of adhering to Section 3 of the Stamp Duty Act. While the notice was explicit on payment of stamp duty on all Agreements or Memorandum of Agreement in relation to the transfer of property, the Stamp Duty Act does not define the term agreement or a memorandum of agreement and does not even restrict itself to property or assets. This raises the question as to whether every agreement we undertake in the course of our daily lives is dutiable. The writer, Birungyi Cephas Kagyenda, the Managing Partner, Birungyi Barata & Associates, raises some red flags and urges the lawmakers to fix this loophole.