Fraud: How URA has lost a lot of revenue to tax defaulters

After Uganda Revenue Authority sent many reminders to the companies to pay their outstanding tax, the body took the necessary steps.

Among these, on 6th June 2014, URA finally published a list of the top companies that have deliberately failed to pay their outstanding tax dues.

URA has gone as far as imposing travel bans on the business men to move abroad. And by 26th June 2014, five tycoons were blocked by immigration from existing the country.

URA claims these businessmen have defrauded the tax body a lot of revenue.

This comes at a time donors suspended aid to Uganda and Uganda needs to relay on tax collections to fund the Ugx. 15.054 trillion budget for the financial year 2014/15.

The tax body says it has lost more Ugx25.8billion to over 178 tax defaulters.

The companies that owed the tax body the biggest amounts included: Rio Holdings International (Ugx5b), Linda Ka (Ugx414m), Key Stone Construction Ltd (Ugx475m) Akright Projects (Ugx659m), Taizhou Steel Industries Ltd (Ugx482m), Uganda Printing and Publishing Corporation (Ugx2b), Link Soft Communication Systems (U) Ltd (Ugx1.5b).

The tax defaulters were given a grace period of one week to settle their liabilities or show proof of payment by June 12 2014 but failed to clear the taxes.

About M. B. Mugisa

Mustapha Barnabas Mugisa is one of those rare people who provides business consulting and advisory to professionals and corporate entities who demand the very best. He is a prolific speaker and governance (strategy and risk) expert. His speaking involves making key notes at major conferences and business events on both technical subjects and leadership skills. A change agent and motivational speaker. Mustapha provides tools and proven methodologies to remarkable results through making people appreciate change. Visit Mustapha's LinkedIn profile to know more. Mustapha is the architect of #WinningMindset Leadership and #WinningTheGame strategy approach that combines Harvard Business strategy Playing To Win, with the Blue Ocean Strategy and Balanced Score Card to deliver a strategy that is easy to execute and monitor. Visit for special insights to improve your condition. Are you too good to be great?

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