Tax and Legal alerts

In this issue:

Tax Alert - New Financial reporting requirement to facilitate Automatic Exchange of Information between tax authorities

Automatic Exchange of Information (AEOI) is provided for by the Convention on Mutual Administrative Assistance in Tax Matters (Implementation) Act, Cap. 335 (“the CMAA Act or the law”) which came into force in Uganda on 1 July 2023. AEOI is a process that involves the transmission of a non-resident’s financial information from one country to their respective country of residence.

Download the publication here Tax Alert - New Financial reporting requirement to facilitate Automatic Exchange of Information between tax authorities

Automatic Exchange of Information is provided for by the Convention on Mutual Administrative Assistance in Tax Matters Act, Cap. 335 which came into force in Uganda on 1 July 2023.