A key reform promoted by the IMF and World Bank was the restructuring of Uganda's taxation regime. One of the intentions was to lower the dependence on trade taxes, which reduced incentives for production, and to rely instead on indirect taxes on goods and services. Indirect taxes provided an average of 79.8 percent of total revenue between 1990-1998. Taxes on income and profits have steadily increased from 9.8 percent of total revenue in 1989 to 15.2 percent in 1998. Yet, of total taxes, about 50 percent still emanates from indirect taxes on only 4 products—petroleum, cigarettes, beer, and soft drinks. In fact, Uganda's tax revenue to GDP ratio is fifty percent below the African average. The Uganda Revenue Authority (URA) was established to address the priority of improving government tax-collecting abilities. However, it is claimed that almost immediately after the creation of the URA its officials were involved in the major embezzlement of the funds it was set up to collect. In addition, throughout the government departments in 1997-98, US$120 million in tax revenue and government spending was unaccounted for. Due to these high levels of ingrained corruption, low levels of household income, and a small proportion of waged (thus taxable) labor, the majority source of government revenue still emanates from external donors. Of the government's estimated total financial requirement for 2000, US$1.467 billion was expected to come from domestic resources, whereas US$2.255 billion was required in external aid. It is due to regular deficits such as this that Uganda's external debt as a percentage of GNP has risen from 35.5 percent in 1985 to 58.2 percent by 1998.
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Definition – “Stamp duty is a tax raised by requiring stamps sold by the government to be affixed to designated documents, thus forming part of the perpetual revenue, “Blacks law Dictionary Eighth Edition at page 1441. “A fifth branch of the perpetual revenue consists in the stamp duties, which are tax imposed upon all parchment and paper whereon any legal proceedings, or private instruments of almost any nature whatsoever are written; and also upon licenses…. and pamphlets containing less than six sheets of paper. These imposts are very various, according to the nature of the thing stamped, rising gradually from a penny to ten pounds.” 1 William Blackstone, Commentaries on the Laws of England 312-13 (1765) Stamp Duty is governed by the Stamps Act Cap 342 of 2002 and the Stamps Amendment Act No 12 of 2002.
The Transport Licencing Board
Transport Licensing Board (TLB) is a statutory body established by an Act of Parliament, under the Traffic and Road Safety Act, 1998. The Act provides for the composition of the Board as follows: 1.
The Inspector General of Police or his representative
The Chairperson of National Road Safety Council (NRSC)
The Solicitor General or his representative
The Director of Transport in the Ministry responsible for Transport or his representative 6.
Two representatives of the motor industry, and
Two representatives of the travel industry.
The Board Secretary
The Board is appointed by the Hon. Minister of Works and Transport. The Board Secretary is a Public officer and other staff as may be necessary for the efficient performance of the functions of the Board. The Secretariat
This is based in Kampala at Old Port bell Road. The Secretariat coordinates all matters concerning Board activities including Regional Offices. Regional Offices
These were opened in 2003 and are functional. The purpose is to bring services nearer to the people in line with Government's policy of decentralizing services. These include: Mbale, Fort portal and Mbarara. At...
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