URA Boss Interests Pakistan Envoy To Invest In Uganda
The Uganda Revenue Authority (URA) Commissioner General (CG), John Musinguzi, has invited Pakistanis to come and invest in Uganda. Musinguzi made the call while interfacing with the High Commissioner of Pakistan, His Excellency Muhammad Hassan Wazir, and his deputy, Abdul Moshin Khan Bilal. Wazir and Bilal had paid a courtesy visit to URA.
“Uganda’s policy is deliberate on increasing industries, and this is a good area to encourage the Pakistani community to venture into since the incentives are good,” Musinguzi said. He expressed his willingness to support the community in any tax-related challenges.
Abel Kagumire, Commissioner Customs-URA, appreciated Pakistan for supporting URA in developing the database for used motor vehicles and complying with the ban on importing vehicles that are older than 15 years. He pledged more support for the country in the area of trade facilitation.
Sarah Chelangat, the commissioner of domestic taxes, called for more engagements to exchange tax knowledge, discuss issues faced by Pakistani investors, and share views on how to best serve them.
To address the challenge of double taxation, Stella Nyapendi, the acting Commissioner for Legal Services and Board Affairs, raised the possibility of establishing a double taxation agreement with Uganda.
Wazir expressed his readiness to promote trade between the two countries and asked for URA’s support on the same.