Goldstar Insurance Company Limited v Uganda Revenue Authority (Application 154 of 2020)
Observed later treatment
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Holding
The Tribunal held that withholding tax under Income Tax Act s.118D applies to the gross amount of reinsurance premiums paid to non-resident reinsurers, without deduction for ceding commissions or discounts. The applicant was required to apportion input tax under VAT Act s.28(7) where it made both taxable and exempt supplies, including commission income from reinsurance services which is VAT exempt. Application dismissed; applicant liable for both WHT and VAT assessments.
Outcome
Application dismissed; applicant liable for both withholding tax and VAT assessments as determined by Uganda Revenue Authority
Facts
Goldstar Insurance Company Limited, a Ugandan insurance company, cedes portions of its insurance risks to non-resident reinsurance companies. URA conducted an audit for the period January 2014 to December 2018 and issued additional assessments: Shs. 1,683,949,537 for withholding tax and Shs. 376,815,272 for VAT. The WHT assessment arose because the applicant withheld tax on net premiums after deducting what it termed a discount (referred to as commission in reinsurance treaties and financial statements) and claims paid, rather than on gross premiums ceded. The VAT assessment arose because the applicant failed to apportion input tax between taxable and exempt supplies, including commission income from reinsurance, facultative fees, and rental income from residential properties. The applicant objected, arguing the deduction was a discount for administrative costs, not a commission, and that it provided no reinsurance services warranting VAT apportionment.
Issues
- Whether the applicant is liable to pay the withholding tax assessed of Shs. 1,683,949,537.
- Whether the applicant is liable to pay the VAT assessed of Shs. 376,815,272.
- What remedies are available to the parties.
Orders
- Application dismissed.
- The applicant is liable to pay withholding tax of Shs. 1,683,949,537.
- The applicant is liable to pay VAT of Shs. 376,815,272.
- Costs of the application awarded to the respondent.
Rules and key headnotes
Legislation cited (14)
- Income Tax Act s.118D
- Income Tax Act s.2
- Income Tax Act s.124
- Income Tax Act Third Schedule Part XI
- Value Added Tax Act s.19(1)
- Value Added Tax Act s.24(4)
- Value Added Tax Act s.28(7)
- Value Added Tax Act Second Schedule para.1(d)(iv)
- Value Added Tax Act Third Schedule para.1(a)
- Value Added Tax Act Fourth Schedule s.1(f)
- Insurance Act s.2
- Tax Procedure Code Act s.68(c)
- Evidence Act s.114
- Constitution of Uganda art.152(1)
Cases cited (15)
- Okello Okello v The Commissioner General URA (HCCS 229 of 2010)
- Warid Telecom (U) Ltd v Uganda Revenue Authority (HCCS 24 of 2011)
- General Insurance of Corporation of India v Assistant Commissioner of Income Tax (TDS) 1(2) Mumbai
- British Dominions General Insurance Co Ltd v Duder [1915] 2 KB 400
- Platinum Credit v URA (Application 28 of 2018)
- M-Kopa Limited v URA (Application 23 of 2019)
- Britam Insurance Company Uganda Ltd v URA (Application 69 of 2018)
- Ostheimer v United States 264 F.2d 789 (3d Cir. 1959)
- Cape Brandy Syndicate v Inland Revenue Commissioners [1920] 1 KB 64
- Uganda Revenue Authority v Kajura (SCCA 9 of 2015)
- AON (U) Limited v URA (MC 66 of 2000)
- Comfort Homes Uganda Limited v URA (Application 66 of 2020)
- Placer Dome Inc v Canada [1992] 2 CTC 98
- Uniworkers Transporters and Logistics Ltd v Uganda Revenue Authority (Application 62 of 2018)
- Axa France Vie, New Delhi vs Acit Circle Int. Tax 1(1) (1) ITA No.411/Del/2023
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.