By Fred Kajjubi
The Uganda Revenue Authority (URA) has issued a final warning to Clearing and Forwarding companies to stop tax evasion or face severe consequences. This announcement came after a five-hour meeting between URA Commissioner General John Rujoki Musinguzi and the customs clearing and forwarding fraternity in Kampala.
Musinguzi revealed that the URA has been actively fighting corruption within its ranks, resulting in the dismissal of 84 employees in the customs department. However, the problem persists, with some companies colluding with corrupt officials to evade taxes.
To address this, URA has vowed to take a tougher stance, with Musinguzi stating that no company or agent will be given special treatment. Those found guilty of tax evasion will face arrest, license cancellation, and prosecution.
Commissioner Customs Asadu Kigozi Kisitu reported that the URA has recovered UGX340bn in embezzled funds from imported goods. However, the total amount lost to tax evasion remains substantial. Kisitu also noted that 60 clearing and forwarding companies have had their licenses not renewed due to corrupt practices, and over 300 companies have been denied licenses.
Leaders of associations representing customs clearing and forwarding companies acknowledged the presence of rogue elements within their ranks and agreed to cooperate with URA to eliminate tax evasion.
They expressed appreciation for the meeting, stating that they had gained valuable insights and would sensitize their members to the importance of compliance.
