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Uganda Revenue Authority registers revenue collection shortfall

 

Ultimate Media

The Uganda Revenue Authority (URA) has today announced that it registered a tax revenue shortfall of about 41 billion shillings in March 2010.
The URA Commissioner in charge of Public Affairs, Paul Kyeyune says that the deficit in revenue collections were due to tax leakages.

URA boss Allen Kagina

Kyeyune however says the overall trend of URA revenue collections in Uganda points to growth in revenue collections compared to a number of months before March 2010.

He says URA revenue collections are disturbed by challenges of high inflation rates and fluctuation of the foreign exchange among other factors.

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