Bestin Limited v Uganda Revenue Authority (TAT Application 230 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Tribunal held that withholding tax under section 118B(2) of the Income Tax Act is not payable on installment payments made after 1 July 2019 where the purchase transaction was completed before that date. The provision applies to the purchase transaction itself, not to subsequent payments fulfilling an obligation arising from a pre-existing agreement. Applying the law retrospectively to a transaction completed before the amendment came into force would create uncertainty and violate the principle that a taxpayer should know the tax due at the time of the transaction. The application was allowed with costs to the applicant.
Outcome
Assessment of Shs. 153,785,040 for non-declaration of Withholding Tax set aside
Facts
On 23 March 2017, the applicant executed an agreement to purchase redevelopment rights over land for US$ 5,000,000. The applicant paid over Shs. 13 billion before 1 July 2019 and paid the balance in three installments: Shs. 1,825,000,000 on 23 September 2019, US$ 200,000 on 18 December 2019, and US$ 420,000,000 on 10 March 2020. Section 118B(2) of the Income Tax Act, requiring withholding tax on purchase of business assets, came into force on 1 July 2019 through the Income Tax (Amendment) Act 2019. On 27 January 2022, Uganda Revenue Authority issued an administrative assessment of Shs. 153,785,040 for non-declaration of withholding tax on the payments made after 1 July 2019. The applicant objected on 15 February 2022, arguing the purchase occurred before the law came into force. URA disallowed the objection on 9 May 2022.
Issues
- Whether the applicant is liable to pay withholding tax on payments made after 1 July 2019 pursuant to a purchase agreement executed on 23 March 2017, before section 118B(2) of the Income Tax Act came into force.
- Whether section 118B(2) of the Income Tax Act applies retrospectively to transactions completed before its commencement date.
Orders
- Application allowed.
- Costs awarded to the applicant.
Rules and key headnotes
Legislation cited (9)
Cases cited (5)
- Comfort Homes (U) Limited v Uganda Revenue Authority (TAT Application No. 66 of 2020)
- AON (U) Ltd v Uganda Revenue Authority (MC No. 65 of 2009)
- Bank of England v Vagliano Bros [1891] AC 107
- Primarosa Flowers Limited v The Commissioner of Income Tax Income Tax Appeal 18 of 2013
- Luwaluwa Investment Limited v Uganda Revenue Authority (Civil Appeal No. 43 of 2022)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.