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.