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09 March 2018

Uganda issues guidelines on VAT treatment of aid-funded projects

In a public notice issued February 26, the Uganda Revenue Authority's (the URA) Commissioner General made an announcement to suppliers of aid-funded projects and the general public to address the treatment of Value Added Tax (VAT) relating to such projects with effect from March 1. The VAT amendment Act 2015, initially considered only tax payable deemed on a taxable supply made by a contractor to a licensee undertaking mining or petroleum operations deemed to have been paid by the licensee to the contractor provided the supply was for use by the licensee solely and exclusively for mining or petroleum operations.

An Indirect Tax Services group Alert, attached below, provides additional details.

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Document ID: 2018-0533

 

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