14 February 2013

Uganda: URA Impounds Pioneer Easy Buses Over Tax

press release

Below is the press release from URA over the issue

Uganda Revenue Authority has executed a warrant of distress against Pioneer Easy Bus by impounding all their buses due to failure to pay tax arrears amounting to Shs 8bn.

The arrears arose out of Pioneer Easy Bus failure to honor the memorandum of understanding they entered into with URA last year to pay Customs taxes on the importation of their 98 busses.

In the memorandum, Pioneer Easy Bus agreed to pay the tax in installments within a period of 12 months.

Despite several engagements with Pioneer Easy Bus management, no tax has been paid thereby leaving URA with any option but to execute a Warrant of Distress as mandated in the East Africa Community Customs Management Act 2004, Section 130(4).

On October 30th, the Commissioner Customs issued a warrant of distress and authorized Spear Link Auctioneers and Court Bailiffs to attach all movable assets of Pioneer Easy Bus.

"From October we've been engaging Pioneer Easy Bus management but no single coin has been paid. We expect Pioneer Bus to come to us within two days and agree on a plan and pay at least a substantial payment.

If they fail to do so, then we will continue to enforce as the law mandates and advertise the busses for auctioning to recover tax," Abudu-Sallam Wasswa, URA manager debt collection.

Copyright © 2013 The Observer. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.