The Uganda Revenue Authority (URA) has issued public notices regarding voluntary disclosure and compliance issues that will be given focus for review in financial year 2020/2021.
The public notice on voluntary disclosure provides that pursuant to Section 66 (1a) of the Tax Procedures Code Act, 2014 as amended, a taxpayer who voluntarily discloses any tax that should have been declared to the Commissioner, may enter into an agreement with the Commissioner to pay the outstanding unpaid tax an…