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URA blamed for not collecting 52bn taxes from gold exports

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The Auditor General has faulted Uganda Revenue Authority for failing to collect Shs52.238Bn in gold exports, saying this has denied Gov’t revenue for service delivery. URA blamed the delayed collection of gold taxes on the an interim order issued by Court, halting  the collection of this tax until concerns raised by the gold exporters are disposed of.

“The exports in 2021/ 22 weighed 30,167,582 & those of 2022/23 were 40,648.2kilograms, totalling to 70,837.91Kgs. This translated into US$14,167,582 equivalent to Shs52.238Bn that was not collected, contrary to the Mining and Minerals (Export Levy on Refines Gold) Regulations 2023. The uncollected revenue denies Government resources to deliver services.  URA explained that an interim order was issued restraining it from enforcing the statutory instrument,” read in part the December 2023 Auditor General’s report.

The Auditor General Report was handed over to the Speaker or Parliament on Monday and MPs are going to scrutinize its fundings through the accountability Committees