URA Top Tax Defaulters Exposed

0
289

Uganda Revenue Authority (URA) top 178 tax defaulters have been exposed in a new report dubbed “Shame List.”

The tax body has exposed all the companies that have been defaulting taxes amounting to Shs125 billion.

Some of the companies on the shame list include Akright Projects Ltd (Shs659m), Askar Security Services Ltd (Shs95m), Eagles Production Ltd (Shs25m), Emerald Hotel Ltd (Shs243m), Freight Logistics Systems Ltd (Shs9m), Goldcrest Holdings Ltd (Shs48m), Steel Rolling Mills Ltd among others.

According to URA’s manager in charge of debt collection Abudu Salaam Waiswa these arrears accumulated overtime but defaulters remained defiant in settling their tax liability despite several reminders to pay up.

These individuals and companies have been given a deadline of seven days to pay the money or face more action.

“These have been granted up to seven days from the date of notice (yesterday) to clear their outstanding debts or face enforcement actions including but not limited to closure of their business premises, seizure of their property as well as personal property or face prosecution for not paying,” Waiswa said.

URA issued the shame list of 178 tax defaulters on Thursday.

LEAVE A REPLY

Please enter your comment!
Please enter your name here