By John Rujoki Musinguzi, Commissioner General – Uganda Revenue Authority, Mary Baine,Director – Tax Programmes, African Tax Administration Forum, Zayda Manatta, Head of the Secretariat of the Global Forum on Transparency and Exchange of Information for Tax Purposes, and Marcello Estevão, Global Director, Macroeconomics, Trade & Investment, World Bank Group
Uganda has significantly strengthened its tax transparency and tax capacity in just a few years to mobilise more domestic resources to finance sustainable development. Moreover, the country has taken significant steps to tackle illicit financial flows by implementing global transparency and information exchange standards. The results have been impressive: USD 26 million in additional revenue has been identified since 2014 through audits and exchange of information, USD 22 million of which has already been paid to government coffers.
The case study on Uganda published today shows how tax transparency can help developing countries strengthen their tax and resource mobilisation capacities to meet the Sustainable Development Goals and the African Union’s 2063 Agenda. It also shows that Uganda’s successful journey is the result of strong political and administrative commitment, clear strategy, and coordinated and steady support from development partners.
To fight against tax evasion, Uganda joined the Global Forum on Transparency and Exchange of Information for Tax Purposes (Global Forum) in 2012. In doing so, Uganda included exchange of information as a key component of its domestic resource mobilisation strategy to improve compliance of both multinational enterprises (MNEs) and individuals, including ones with high-net-worth. In 2016, Uganda also became a party to the Convention on Mutual Administrative Assistance in Tax Matters, the most powerful multilateral instrument for tax co-operation, with over 140 participating jurisdictions.Continue reading