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URA's headquarters is located in a 22-storey skyscraper, known as Uganda Revenue Authority House (URA Tower), located at Plot M 193/4 Kinnawataka Road, Nakawa Industrial Area, in the Nakawa Division of Kampala, Uganda's capital and largest city. [4] [5] The site is about 6.5 kilometres (4 mi), by road, east of the city center. [6]
The foreign and tax exempt investors can invest through the blocker corporation, and then they are no longer personally considered to be partners, as it is the domestic corporation that is the owner of equity in the fund. For tax exempt investors, their share of the blocker corporation is considered dividend income, and thus they are not ...
Learn what it means to be tax-exempt and how to apply. ... Income from activities unrelated to the organization’s mission must be reported on a business income tax return. If the unrelated ...
For example, U.S. tax law provides that trading in securities for the taxpayer's own account will not constitute a U.S. trade or business. [16] Thus foreign hedge funds formed as corporations do not generally pay corporate income tax. [17] Domestic tax-exempt entities face similar concerns when investing in funds structured as partnerships.
The global investment management company BlackRock says that a sharp sell-off at the beginning of 2022 pushed down the value of municipal bonds and municipal closed-end funds. But now, lower ...
Uganda Revenue Authority Doris Akol is a Ugandan lawyer and administrator. [ 2 ] In December 2021, she was appointed as Technical Assistance Advisor at the International Monetary Fund , in Washington, DC , United States.
Tax exemption is the reduction or removal of a liability to make a compulsory payment that would otherwise be imposed by a ruling power upon persons, property, income, or transactions. Tax-exempt status may provide complete relief from taxes, reduced rates, or tax on only a portion of items.
A corporate tax, also called corporation tax or company tax, is a type of direct tax levied on the income or capital of corporations and other similar legal entities. The tax is usually imposed at the national level, but it may also be imposed at state or local levels in some countries.