Related documents
Uganda
Income Tax Act
Chapter 338
- Commenced on 1 July 1997
- [This is the version of this document from 23 December 2024.]
- [Note: This legislation was revised and consolidated as at 31 December 2000 and 31 December 2023 by the Law Reform Commission of Uganda. All subsequent amendments have been researched and applied by Laws.Africa for ULII.]
- [Amended by Income Tax (Amendment) Act, 2003 (Act 3 of 2003) on 1 July 1997]
- [Amended by Income Tax (Amendment) Act, 2010 (Act 24 of 2010) on 1 July 1997]
- [Amended by Income Tax (Amendment) Act, 2002 (Act 10 of 2002) on 1 July 2001]
- [Amended by Income Tax (Amendment) Act, 2003 (Act 3 of 2003) on 1 July 2002]
- [Amended by Income Tax (Amendment) Act, 2005 (Act 3 of 2005) on 1 July 2004]
- [Amended by Income Tax (Amendment) Act, 2005 (Act 13 of 2005) on 1 July 2005]
- [Amended by Income Tax (Amendment) Act, 2006 (Act 30 of 2006) on 1 July 2006]
- [Amended by Income Tax (Amendment) Act, 2008 (Act 4 of 2008) on 1 July 2008]
- [Amended by Income Tax (Amendment) (No. 2) Act, 2008 (Act 19 of 2008) on 1 July 2008]
- [Amended by Income Tax (Amendment) Act, 2009 (Act 15 of 2009) on 1 July 2009]
- [Amended by Income Tax (Amendment) Act, 2010 (Act 24 of 2010) on 1 July 2010]
- [Amended by Income Tax (Amendment) Act, 2011 (Act 21 of 2011) on 1 July 2011]
- [Amended by Income Tax (Amendment) Act, 2012 (Act 4 of 2012) on 1 July 2012]
- [Amended by Income Tax (Amendment) Act, 2013 (Act 15 of 2013) on 1 July 2013]
- [Amended by Income Tax (Amendment) Act, 2014 (Act 12 of 2014) on 1 July 2014]
- [Amended by Public Finance Management Act, 2015 (Act 3 of 2015) on 6 March 2015]
- [Amended by Income Tax (Amendment) Act, 2015 (Act 11 of 2015) on 1 July 2015]
- [Amended by Income Tax (Amendment) (No. 2) Act, 2017 (Act 14 of 2017) on 1 July 2015]
- [Amended by Income Tax (Amendment) Act, 2016 (Act 20 of 2016) on 1 July 2016]
- [Amended by Income Tax (Amendment) Act, 2017 (Act 10 of 2017) on 1 July 2017]
- [Amended by Income Tax (Amendment) Act, 2018 (Act 7 of 2018) on 1 July 2018]
- [Amended by Income Tax (Amendment) Act, 2019 (Act 13 of 2019) on 1 July 2019]
- [Amended by Income Tax (Amendment) Act, 2023 (Act 25 of 2023) on 1 July 2023]
- [Amended by Law Revision (Miscellaneous Amendments) Act, 2023 (Act 17 of 2023) on 28 July 2023]
- [Amended by Corrigendum (General Notice 2917 of 2024) on 23 December 2024]
Part I – Preliminary
1. Application of Act
This Act applies to years of income commencing on or after 1st July, 1997.2. Interpretation
In this Act, unless the context otherwise requires—“amateur sporting association” means an association whose sole or main object is to foster or control any athletic sport or game and whose members consist only of amateur sports persons or affiliated associations, the members of which consist only of amateur sports persons;“approved” means approved by the Minister under regulations made under section 151;“assessed loss” has the meaning in section 36;“assessment” means—(a)the ascertainment of the chargeable income of, and the amount of tax payable on it by, a taxpayer for a year of income under this Act;(b)the ascertainment of the rental income of, and the amount of tax payable on it by, an individual for a year of income under this Act;(c)the ascertainment of the amount of penal tax payable by a person under this Act; or(d)any decision of the Commissioner General which, under this Act, is subject to objection and appeal;“associate” has the meaning in section 3;“beneficial owner” means the natural person who ultimately owns or controls a customer or the natural person on whose behalf a transaction is conducted and includes a person who exercises ultimate control over a legal person or arrangement and—(a)in relation to a legal person includes—(i)the natural person who either directly or indirectly holds at least ten percent of shares or voting rights of the legal person;(ii)the natural person who exercises control of the legal person through other means including personal or financial superiority; and(iii)the natural person who has power to make or influence decisions of a legal person;(b)in relation to trusts includes—(i)the settlor;(ii)the trustee;(iii)the protector;(iv)the beneficiary or the individual benefitting from the trust who is yet to be determined; and(v)any other natural person exercising ultimate control of the trust; and(c)in relation to other legal arrangements similar to trusts, the natural person who holds positions equivalent to those referred to in subparagraph (b);“building society” means a building society registered under the Building Societies Act;“business” includes any trade, profession, vocation or adventure in the nature of trade, but does not include employment;“business asset” means an asset which is used or held ready for use in a business, and includes any asset held for sale in a business and any asset of a partnership or company;“business debt” means—(a)in the case of a debtor—(i)a debt obligation, the proceeds of which are used to acquire a business asset or to incur an expense of a business;(ii)a debt obligation arising, as a result of being given time to pay, on the acquisition of a business asset or the incurring of an expense of a business; or(iii)any debt obligation of a partnership or company; or(b)in the case of a creditor, any debt obligation owed to the creditor that was entered into or arose in the course of the creditor’s business;“business income” has the meaning in section 18;“chargeable income” has the meaning in section 15;“chargeable trust income” has the meaning in section 69;“citizen” means—(a)a natural person who is a citizen of a Partner State of the East African Community; and(b)a company or a body of persons incorporated under the laws of a Partner State of the East African Community in which at least fifty-one percent of the shares are held by a person who is a citizen of a Partner State of the East African Community;“collective investment scheme” has the meaning assigned to it by section 2 of the Collective Investment Schemes Act;“Commissioner General” means the Commissioner General appointed under the Uganda Revenue Authority Act;“company” means a body of persons corporate or unincorporate, whether created or recognised under the law in force in Uganda or elsewhere, and a unit trust, but does not include any other trust or a partnership;“consideration” includes, the total amount in money or of payment in kind, paid or payable for the supply of goods, services or sale of land by any person, directly or indirectly, including any duties, levies, fees, and charges other than tax paid or payable on, or by reason of, the supply, reduced by any discounts or rebates allowed and accounted for at the time of the supply or sale;“cost base”, in relation to an asset, has the meaning in section 50;“court” means a court of competent jurisdiction;“currency point” has the value assigned to it in Schedule 1 to this Act;“debenture” includes any debenture stock, mortgage, mortgage stock, loan, loan stock or any similar instrument acknowledging indebtedness, whether secured or unsecured;“debt obligation” means an obligation to make a repayment of money to another person, including accounts payable and the obligations arising under promissory notes, bills of exchange and bonds;“dependent”, in relation to a member of a retirement fund, means a spouse of the member, any child, including an adopted child, of the member who is under the age of eighteen years or any other relative of the member who the Commissioner General is satisfied relies on the member for support;“depreciable asset” means any plant or machinery, or any implement, utensil or similar article, which is wholly or partly used, or held ready for use, by a person in the production of income included in gross income and which is likely to lose value because of wear and tear, or obsolescence;“disposal” has the meaning in section 49;“dividend” includes—(a)where a company issues debentures or redeemable preference shares to a shareholder—(i)in respect of which the shareholder gave no consideration, an amount equal to the greater of the nominal or redeemable value of the debentures or shares; or(ii)in respect of which the shareholder gave consideration which is less than the greater of the nominal or redeemable value, an amount equal to the excess;(b)any distribution upon redemption or cancellation of a share, or made in the course of liquidation, in excess of the nominal value of the share redeemed, cancelled or subject to liquidation;(c)in the case of a partial return of capital, any payment made in excess of the amount by which the nominal value of the shares was reduced;(d)in the case of a reconstruction of a company, any payment made in respect of the shares in the company in excess of the nominal value of the shares before the reconstruction;(e)the amount of any loan, the amount of any payment for an asset or services, the value of any asset or services provided, or the amount of any debt obligation released, by a company to, or in favour of, a shareholder of the company or an associate of a shareholder to the extent to which the transaction is, in substance, a distribution of profits, but does not include a distribution made by a building society;(f)the issue of bonus shares to shareholders; however, bonus shares shall only be taxable upon disposal; or(g)the payment of the excess of the return on investment in the bond to the bond holder under Islamic financial business for each payment period over the interest as defined in paragraph (f) in the definition of the term “interest” in this section;“employee” means an individual engaged in employment;“employer” means a person who employs or remunerates an employee;“employment” means—(a)the position of an individual in the employment of another person;(b)a directorship of a company;(c)a position entitling the holder to a fixed or ascertainable remuneration; or(d)the holding or acting in any public office;“employment income” has the meaning in section 19;“exempt organisation” means any company, institution or irrevocable trust—(a)which is—(i)an amateur sporting association;(ii)a religious, charitable, educational institution or research institution whose object is not for profit; or(iii)a labour union, an association of employees, an association of employers registered under any law of Uganda, or an association established for the purpose of promoting farming, mining, tourism, manufacturing or commerce and industry in Uganda;(iv)a body established by law for the purpose of regulating the conduct of professionals; and(b)which has been issued with a written ruling by the Commissioner General currently in force stating that it is an exempt organisation; and(c)none of the income or assets of which confers, or may confer, a private benefit on any person; or(d)the National Medical Stores;“farming” means pastoral, agricultural, plantation, horticultural or other similar operations;“financial institution” means any person carrying on the business of receiving funds from the public or from members through the acceptance of money deposits repayable upon demand, after a fixed period, or after notice, or any similar operation through the sale or placement of bonds, certificates, notes or other securities, and the use of such funds either in whole or part for loans, investments or any other operation authorised either by law or by customary banking practices, for the account and at the risk of the person doing such business;“foreign-source income” means any income which is not derived from sources in Uganda;“gross income” has the meaning in section 17;“gross turnover”, in relation to a resident taxpayer, for a year of income, means—(a)the amount shown in the recognised accounts of the taxpayer as the gross proceeds derived in carrying on a business or businesses during the year of income, including the gross proceeds arising from the disposal of trading stock, without deduction for expenditures or losses incurred in deriving that amount; and(b)the amount, if any, shown in the recognised accounts of the taxpayer as the amount by which the sum of the gains derived by the taxpayer during the year of income from the disposal of business assets, other than trading stock, exceeds the losses incurred by the taxpayer during the year in respect of the disposal of such assets;“incapacitated person” means a resident individual adjudged under a law in Uganda to be suffering from mental illness;“incapacitated person’s trust” means a trust established for the benefit of an incapacitated person;“industrial building” means any building which is wholly or partly used, or held ready for use, by a person in—(a)manufacturing operations;(b)research and development into improved or new methods of manufacture;(c)mining operations;(d)an approved hotel business;(e)an approved hospital; or(f)an approved commercial building;“interest” includes—(a)any payment, including a discount or premium, made under a debt obligation which is not a return of capital;(b)any swap or other payments functionally equivalent to interest;(c)any commitment, guarantee or service fee paid in respect of a debt obligation or swap agreement;(d)a distribution by a building society;(e)any payment, including a discount or premium, made under sale-based financing or lease-based financing under Islamic financial business;(f)any payment as the excess of the total amount paid by a bond issuer over and above the amount received from a bond holder under Islamic financial business for each payment period calculated at a rate not exceeding the rate determined by the Bank of Uganda and does not include dividends; or(g)a partner’s share of partnership income derived from a partnership arrangement under Islamic financial business;“Islamic financial business” means financial business undertaken by a person that conforms to Shari’ah principles and includes—(a)the business of receiving property into profit sharing investment accounts or of managing such accounts;(b)any other business of a person which involves or is intended to involve the entry into one or more contracts under Shari’ah or otherwise carried out or purported to be carried out in accordance with Shari’ah principles including—(i)equity or partnership financing;(ii)lease-based financing;(iii)sale-based financing;(iv)currency exchange contracts; or(v)fee-based activity;(c)the purchase of bills of exchange, certificates of Islamic deposit or other negotiable instruments;(d)the acceptance or guarantee of any liability, obligation or duty of any person; and(e)the business of providing finance by all means, including through the acquisition, disposal or leasing of assets or through the provision of services which have similar economic effect and are economically equivalent to any other financial business;“life insurance business” has the meaning in section 16(3);“listed institution” means an institution listed in Schedule 2 to this Act;“local authority” means any public body established under a law of Uganda and having control over the expenditure of revenue derived from rates or taxes imposed by law upon the residents of the areas for which that body is established;“local council” has the same meaning as in the Local Governments Act;“manufacturing” means the substantial transformation of tangible movable property, including power generation and water supply;“mineral” has the same meaning as in the Mining and Minerals Act;“mining operations” includes every method or process by which any mineral is won from the soil or from any substance or constituent of the soil;“Minister” means the Minister responsible for finance;“natural resource payment” means—(a)a payment, including a premium or like payment, made as consideration for the right to take minerals or a living or non-living resource from the land; or(b)a payment calculated in whole or in part by reference to the quantity or value of minerals or a living or non-living resource taken from the land;“nominal value”, in relation to a share or debenture, means the paid-up amount of the share or face value of the debenture, including any premium paid in respect of the share or debenture;“non-resident person” has the meaning in section 14;“partnership” means an association of persons carrying on business for joint profit, and includes an equity or partnership financing under Islamic financial business;“payment” includes any amount paid or payable in cash or kind, and any other means of conferring value or benefit on a person;“person” includes an individual, a partnership, a trust, a company, a retirement fund, a government, a political subdivision of a government and a listed institution;“property income” has the meaning in section 20;“provisional taxpayer” means a person liable for provisional tax under section 121;“relative”, in relation to an individual, means—(a)an ancestor, a descendant of any of the grandparents, or an adopted child, of the individual, or of a spouse of the individual; or(b)a spouse of the individual or of any person specified in paragraph (a) of this definition;“rent” means any payment, including a premium or like amount, made as consideration for the use or occupation of, or the right to use or occupy, land or buildings;“rental income”, in relation to a person for a year of income, means the total amount of rent derived by the person for the year of income from the lease of immovable property in Uganda with the deduction of any expenditures and losses incurred in respect of the property;“resident company” has the meaning in section 10;“resident individual” has the meaning in section 9;“resident partnership” has the meaning in section 12;“resident person” means a resident individual, resident company, resident partnership, resident trust, resident retirement fund, the Government of Uganda or a political subdivision of the Government of Uganda;“resident retirement fund” has the meaning in section 13;“resident taxpayer” means a taxpayer who is a resident person;“resident trust” has the meaning in section 11;“retirement fund” means a pension or provident fund established as a permanent fund maintained solely for either or both of the following purposes—(a)the provision of benefits for members of the fund in the event of retirement; or(b)the provision of benefits for dependents of members in the event of the death of the member;“royalty” means—(a)any payment, including a premium or like amount, made as consideration for—(i)the use of, or right to use, any patent, design, trademark or copyright, or any model, pattern, plan, formula or process, or any property or right of a similar nature;(ii)the use of, or the right to use—(A)any motion picture film;(B)any video or audio material, whether stored on film, tape, disk or other medium, for use in connection with television or radio broadcasting; or(C)any sound recording or advertising matter connected with material referred to in subparagraph (a)(ii)(A) or (B) of this definition;(iii)the use of, or the right to use, or the receipt of, or right to receive, any video or audio material transmitted by satellite, cable, optic fibre or similar technology for use in connection with television, internet or radio broadcasting;(iv)the imparting of, or undertaking to impart, any scientific, technical, industrial or commercial knowledge or information;(v)the use of, or right to use, any tangible movable property;(vi)the rendering of, or the undertaking to render, assistance ancillary to a matter referred to in paragraph (a)(i) to (v) of this definition; or(vii)a total or partial forbearance with respect to a matter referred to in paragraph (a)(i) to (vi); or(b)any gain on the disposal of any right or property referred to in paragraph (a) of this definition;“substituted year of income” has the meaning in section 37;“swap agreement” means an arrangement between a person who has incurred a debt obligation with a floating interest rate and a person who has incurred a debt obligation with a fixed interest rate under which the persons agree to exchange their interest obligations;“swap payment” means a payment made under a swap agreement;“takaful” means insurance business conducted in accordance with Shari’ah principles;“tax” means any tax imposed under this Act;“tax-exempt employer” means an employer whose income is exempt from tax;“taxpayer” means any person who derives an amount subject to tax under this Act and includes—(a)any person who incurs an assessed loss for a year of income; or(b)for the purposes of any provision relating to a return, any person required by this Act to furnish such a return;“trading stock” includes anything produced, manufactured, purchased or otherwise acquired for manufacture, sale or exchange, as well as consumable stores;“transitional year of income” has the meaning in section 37;“trust” means any arrangement affecting property in relation to which there is a trustee;“trustee” includes—(a)any person appointed or constituted as such by act of the parties, by will, by order or declaration of any court or by operation of the law;(b)an executor, administrator, tutor or curator;(c)a liquidator or judicial manager;(d)any person having the administration or control of property subject to a trust;(e)any person acting in a fiduciary capacity;(f)any person having, either in a private or official capacity, the possession, direction, control or management of any property of a person under a legal disability; and(g)any person who manages assets under a private foundation or other similar arrangement;“underlying ownership”, in relation to a person other than an individual, means an interest held in, or over, the person directly or indirectly through interposed companies, partnerships or trusts by an individual or by a person not ultimately owned by individuals;“unit trust” means a unit trust registered or required to be registered as Parliament may by law prescribe;“year of income” means the period of twelve months ending on 30th June and includes a substituted year of income and a transitional year of income.3. Associate
Part II – Imposition of tax
4. Income tax imposed
5. Rental tax imposed
Rates of tax
6. Rates of tax for individuals
7. Rate of income tax for companies
8. Rate of income tax for trustees and retirement funds
Part III – Residents and non-residents
9. Resident individual
10. Resident company
A company is a resident company for a year of income if it—11. Resident trust
A trust is a resident trust for a year of income if—12. Resident partnership
A partnership is a resident partnership for a year of income if, at any time during that year, a partner in the partnership was a resident person.13. Resident retirement fund
A retirement fund is a resident retirement fund for a year of income if it—14. Non-resident person
Part IV – Chargeable income
15. Chargeable income
Subject to section 16, the chargeable income of a person for a year of income is the gross income of the person for the year less total deductions allowed under this Act for the year.16. Chargeable income arising from insurance business
Gross income
17. Gross income
18. Business income
19. Employment income
20. Property income
Exempt income
21. Exempt income
Deductions
22. Expenses of deriving income
23. Meals, refreshment and entertainment expenditure
A deduction is allowed for expenditure incurred by a person in providing meals, refreshment or entertainment in the production of income included in gross income, but only where—24. Bad debts
25. Interest
26. Repairs and minor capital equipment
27. Depreciable assets
28. Industrial buildings
29. Start-up costs
30. Costs of intangible assets
31. Scientific research expenditure
32. Training expenditure
33. Charitable donations
34. Farming
35. Apportionment of deductions
36. Carry forward losses
Part V – Tax accounting principles
37. Substituted year of income
38. Method of accounting
39. Cash-basis taxpayer
A taxpayer who is accounting for tax purposes on a cash-basis derives income when it is received or made available and incurs expenditure when it is paid.40. Accrual-basis taxpayer
41. Pre-payments
Where a deduction is allowed for expenditure incurred on a service or other benefit which extends beyond thirteen months, the deduction is allowed proportionately over the years of income to which the service or other benefit relates.42. Claim of right
43. Long-term contracts
44. Trading stock
45. Debt obligations with discount or premium
46. Foreign currency debt gains and losses
Part VI – Gains and losses on disposal of assets
47. Application of Part
This Part applies for the purposes of determining the amount of any gain or loss arising on the disposal of an asset where the gain is included in the gross income, or the loss is allowed as a deduction under this Act.48. Gains and losses on disposal of assets

49. Disposals
50. Cost base
51. Special rules for consideration received
52. Non-recognition of gain or loss
Part VII – Miscellaneous rules for determining chargeable income
53. Income of joint owners
54. Valuation
55. Other methods of allocating costs and revenue
In determining the chargeable income of a person, use of input-output ratios and other methods of allocating costs and revenue may be applied.56. Currency conversion
57. Indirect payments and benefits
The income of a person includes—58. Finance leases
59. Exclusion of doctrine of mutuality
60. Compensation receipts
A compensation payment derived by a person takes the character of the item that is compensated.61. Recouped expenditure
Part VIII – Persons assessable
62. Taxation of individuals
The chargeable income of each taxpayer who is an individual is determined separately.63. Income splitting
Taxation of partnerships and partners
64. Principles of taxation for partnerships
65. Calculation of partnership income or loss
66. Taxation of partners
67. Formation, reconstitution or dissolution of partnership
68. Cost base of interest of partner
Taxation of trusts and beneficiaries
69. Interpretation of provisions relating to taxation of trusts and beneficiaries
In this section and sections 70, 71 and 72—“chargeable trust income”, in relation to a year of income, means—(a)the gross income of the trust (other than an amount to which section 71(1) or 72(1) applies) for that year calculated as if the trust is a resident taxpayer; less(b)the total amount of deductions allowed under this Act for expenditures or losses incurred by the trust in deriving that income;“non-resident trust”, in relation to a year of income, means a trust that is not a resident trust for that year;“qualified beneficiary” means a person referred to in the definition of “qualified beneficiary trust”;“qualified beneficiary trust” means—(a)a trust in relation to which a person, other than a settlor, has a power solely exercisable by that person to vest the corpus or income of the trust in that person; or(b)a trust whose sole beneficiary is an individual or an individual’s estate or appointees,but does not include a trust whose beneficiary is an incapacitated person;“settlor” means a person who has transferred property to, or conferred benefit on, a trust for no consideration or for a consideration which is less than the market value of the property transferred, or benefit conferred at the date of the transfer or conferral; and“settlor trust” means a trust in relation to a whole or part of which the settlor has—(a)the power to revoke or alter the trust so as to acquire a beneficial entitlement in the corpus or income of the trust; or(b)a reversionary interest in the corpus or income of the trust.70. Principles of taxation for trusts
71. Taxation of trustees and beneficiaries
72. Taxation of estates of deceased persons
Taxation of companies and shareholders
73. Principles of taxation for companies
74. Change in control of companies
75. Dividend stripping
76. Roll-over relief
Part IX – International taxation
77. Interpretation of Part
In this Part—“branch” means a place where a person carries on business, other than investing in Islamic financial business in the case of equity or partnership agreement and includes—(a)a place where a person is carrying on business through an agent, other than a general agent of independent status acting in the ordinary course of business as such;(b)a place where a person has, is using, is installing substantial equipment or substantial machinery for ninety days or more;(c)a place where a person is engaged in a construction, assembly or installation project for ninety days or more, including a place where a person is conducting supervisory activities in relation to such a project; or(d)the furnishing of services, including consultancy services, by a person through employees or other personnel engaged by the person for such purpose, but only if the activities of that nature continue for the same or a connected project for a period or periods aggregating more than ninety days in any twelve-month period;“immovable property” includes a mining right, petroleum right, mining information, or petroleum information, any intangible asset which is a business asset or any part of the business;“management charge” means any payment made to any person, other than a payment of employment income, as consideration for any managerial services, however calculated; and“mining information”, “mining right” and “petroleum right” have the meanings assigned in section 89.78. Source of income
Income is derived from sources in Uganda to the extent to which it is—79. Foreign source employment income
80. Foreign tax credit
81. Taxation of branch profits
82. Tax on international payments
83. Tax on payments to non-resident public entertainers or sports persons
84. Tax on payments to non-resident contractors or professionals
85. Taxation of non-residents providing shipping, air transport or telecommunications services in Uganda
86. Taxation of non-residents providing digital services
87. General provisions relating to taxes imposed under sections 82, 83, 84 and 85
88. International agreements
Part X – Special provisions for taxation of petroleum operations
89. Interpretation of Part
Mining operations
90. Taxation of mining licensees
91. Limitations of deductions relating to mining operations
92. Mining exploration expenditure
93. Mining extraction expenditure
94. Rehabilitation expenditure
Petroleum operations
95. Taxation of petroleum licensees
96. Limitation on deductions relating to petroleum operations
97. Petroleum exploration expenditure
98. Petroleum development expenditure
99. Decommissioning expenditure
100. Windfall tax
Rules applicable to mining and petroleum operations
101. Farm-outs
102. Indirect transfers of interest
103. Taxation of contractors
104. Withholding tax
105. Tax accounting principles
106. Allocation of costs and expenses
Any petroleum exploration expenditure or petroleum development expenditure associated with a unit development involving a discovery area which extends into a neighbouring country or licence, or both shall be allocated on the basis of the petroleum reserves attributable to that portion of the discovery area located in Uganda or licence, or both.107. Valuation and measurement of petroleum
For the purposes of determining the value of petroleum derived from petroleum operations from a contract area, the petroleum shall be valued and measured in accordance with the regulations prescribed by the Minister which shall be laid before Parliament.108. Application of sections 121, 122 and 123 and the Tax Procedures Code Act
Sections 121, 122 and 123 and the Tax Procedures Code Act apply, subject to the modifications in this Part, to a licensee in respect of—109. Returns
110. Assessments, objections and appeals
111. Collection and recovery
Sections 120, 121 and 122 and Part IX of the Tax Procedures Code Act shall apply to contractors with the following modifications—112. Failure to furnish returns
113. Making false or misleading statements
A prescribed licensee or person in relation to a prescribed licensee who is convicted of an offence under section 67 of the Tax Procedures Code Act shall be liable, on conviction—114. Penal tax and tax offences
Part XV and sections 68, 69, 81, 82, 83 and 85 of the Tax Procedures Code Act apply to a licensee in respect of mining or petroleum revenues and other taxes subject to the following modifications—115. Right of Commissioner General to execute mandate
Nothing in a mining right, petroleum agreement or in any law shall be construed as limiting the right of the Commissioner General to execute his or her mandate for purposes of this Act.Part XI – Anti-avoidance
116. Transactions between associates
117. Re-characterisation of income and deductions
Part XII – Procedure relating to income tax returns
Returns
118. Furnishing of return of income
119. Cases where returns of income not required
Unless requested by the Commissioner General by notice in writing, no return of income shall be furnished under this Act for a year of income—120. Due date for payment of tax
The tax due under this Act shall be payable—Provisional tax
121. Payment of provisional tax
122. Estimated tax payable
Refund of tax
123. Refunds
Part XIII – Procedure relating to rental tax
124. Rental tax
Part XIV – Withholding of tax at source
125. Interpretation of Part
In this Part—“payee” means a person receiving payments from which tax is required to be withheld under this Part; and“withholding agent” means a person obliged to withhold tax under this Part.126. Withholding of tax by employers
127. Payment of interest to resident persons
128. Payment of dividends to resident shareholders
129. Withholding tax from professional fees
130. Withholding tax by purchaser of asset
131. Withholding of tax on payments for winnings of betting
A person who makes payment for winnings of betting shall withhold tax on the gross amount of the payment at the rate prescribed in Part XI Schedule 4 to this Act.132. Withholding tax on payments of re-insurance or re-takaful premiums
133. Withholding tax on commission paid by telecommunications service providers on airtime distribution and mobile money
A telecommunications service provider who makes a payment of a commission for airtime distribution or provision of mobile money services shall withhold tax on the gross amount of the payment at the rate prescribed in Part XIII of Schedule 4 to this Act.134. Withholding of tax on commission paid to insurance agent
An insurance service provider who makes a payment of a commission to an insurance agent shall withhold tax on the gross amount of the payment at the rate prescribed in Part XIV of Schedule 4 to this Act.135. Withholding of tax on commission paid to advertising agent
A person who makes payment for a commission to an advertising agent shall withhold tax on the gross amount of the payment at the rate prescribed in Part XIV of Schedule 4 to this Act.136. Payment for goods and services
137. International payments
138. Non-resident services contract
139. Withholding as final tax
Where—140. Payment of tax withheld
141. Advance tax for transport services
142. Failure to withhold tax
143. Tax credit certificates
144. Record of payments and tax withheld
145. Priority of tax withheld
146. Adjustment on assessment and withholding agent’s indemnity
Part XV – Information collection
147. Business information returns
Part XVI – Interest
148. Interest on unpaid tax
Part XVII – Miscellaneous
149. Interpretation of Part
In this Part, “repealed legislation” means the Income Tax Decree, 1974, amendments to it and subsidiary legislation made under it and section 25 of the Investment Code, 1991.150. Re-characterisation of arrangements under Islamic financial business
151. Regulations
152. Power to amend monetary amounts and Schedules
The Minister may, by statutory instrument, with approval of Parliament, amend any monetary amount set out in this Act and the Schedules to this Act.[section 152 substituted by section 7(c) of General Notice 2917 of 2024]153. Application of certain laws, etc.

History of this document
23 December 2024 this version
Amended by
Corrigendum
31 December 2023
Consolidation
Read this version
28 July 2023
01 July 2023
Amended by
Income Tax (Amendment) Act, 2023
01 July 2019
Amended by
Income Tax (Amendment) Act, 2019
01 July 2018
Amended by
Income Tax (Amendment) Act, 2018
01 July 2017
Amended by
Income Tax (Amendment) Act, 2017
01 July 2016
Amended by
Income Tax (Amendment) Act, 2016
01 July 2015
Amended by
Income Tax (Amendment) Act, 2015
Amended by
Income Tax (Amendment) (No. 2) Act, 2017
06 March 2015
Amended by
Public Finance Management Act, 2015
01 July 2014
Amended by
Income Tax (Amendment) Act, 2014
01 July 2013
Amended by
Income Tax (Amendment) Act, 2013
01 July 2012
Amended by
Income Tax (Amendment) Act, 2012
01 July 2011
Amended by
Income Tax (Amendment) Act, 2011
01 July 2010
Amended by
Income Tax (Amendment) Act, 2010
01 July 2009
Amended by
Income Tax (Amendment) Act, 2009
01 July 2008
Amended by
Income Tax (Amendment) Act, 2008
Amended by
Income Tax (Amendment) (No. 2) Act, 2008
01 July 2006
Amended by
Income Tax (Amendment) Act, 2006
01 July 2005
Amended by
Income Tax (Amendment) Act, 2005
01 July 2004
Amended by
Income Tax (Amendment) Act, 2005
01 July 2002
Amended by
Income Tax (Amendment) Act, 2003
01 July 2001
Amended by
Income Tax (Amendment) Act, 2002
01 July 1997
Cited documents 2
Act 2
1. | Local Governments Act | 458 citations |
2. | Diplomatic Privileges Act | 17 citations |
Documents citing this one 168
Judgment 131
Gazette 32
Act 4
1. | Public Finance Management Act, 2015 | 26 citations |
2. | Anti-Terrorism Act, 2002 | 10 citations |
3. | Tax Procedures Code Act, 2014 | 9 citations |
4. | Stamp Duty Act, 2014 | 2 citations |
Parliamentary Debate 1
1. | Parliament of Uganda Hansard - First Session, Second Meeting - 18 January 2017 |
Subsidiary legislation
Title
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Income Tax (Rental Rates) Regulations, 2020 | Statutory Instrument 42 of 2020 |