Pac Spa Limited v Uganda Revenue Authority (Application 27 of 2022)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Tribunal held that the respondent was justified in applying Section 45 of the Income Tax Act to the applicant's long-term construction contracts, requiring income recognition on an accrual basis using percentage of completion. However, the corporate tax assessment of Shs. 7,287,370,395 was set aside because the respondent failed to provide a factual basis for the 4% profit margin it applied, with contradictory evidence from its witnesses on whether the margin was 3%, 4%, or 5%. The withholding tax assessment of Shs. 308,096,773 was also set aside because Section 119 applies only to payments made to persons in Uganda, and the applicant's payments were made to a supplier in Italy. Application allowed with costs.
Outcome
Tax assessments set aside; applicant not liable to pay the assessed amounts
Facts
Pac Spa Limited, a Ugandan branch of an Italian company providing construction engineering services to hydropower projects, was subjected to a comprehensive tax audit by Uganda Revenue Authority for the period July 2015 to June 2019. The audit resulted in corporate tax assessments of Shs. 7,287,370,395 and withholding tax assessments of Shs. 308,096,773. The applicant had used a profit margin of 1.1% for its group and 0.54% for the Achwa 1 and 2 projects in its financial statements. The respondent rejected this margin and applied an industry average of 4%, contending that similar projects in Africa had margins of 3% to 5%. The respondent also assessed withholding tax, alleging the applicant failed to withhold on local supplies despite being a designated withholding tax agent from July 2018. The applicant objected, arguing its audited financial statements should be relied upon and that payments to its Italian supplier Meta Camuna were not subject to withholding tax under Section 119.
Issues
- Whether the applicant is liable to pay the corporate tax assessment of Shs. 7,287,370,395 and withholding tax assessment of Shs. 308,096,773?
- Whether the respondent was justified in disregarding the applicant's profit margin of 1.1% and applying a profit margin of 4% under Section 56A of the Income Tax Act?
- Whether the applicant correctly recognized revenue and expenses under Section 45 of the Income Tax Act for long-term contracts?
- Whether the applicant was obliged to withhold tax on payments to suppliers under Section 119 of the Income Tax Act?
- What remedies are available to the parties?
Orders
- Application allowed with costs.
- Corporate tax assessment of Shs. 7,287,370,395 set aside.
- Withholding tax assessment of Shs. 308,096,773 set aside.
Rules and key headnotes
Legislation cited (17)
- Income Tax Act s.4
- Income Tax Act s.15(1)
- Income Tax Act s.42
- Income Tax Act s.45
- Income Tax Act s.45(1)
- Income Tax Act s.45(2)
- Income Tax Act s.45(4)(b)
- Income Tax Act s.56
- Income Tax Act s.56A
- Income Tax Act s.79
- Income Tax Act s.119
- Income Tax Act s.119(1)
- Tax Procedure Code Act s.15
- Tax Procedure Code Act s.15(1)
- Evidence Act s.56
- Income Tax (Designation of Payers) Notice 2022
- Surveyor's Registration Act
Cases cited (13)
- Anupama Chandrakandath v ACIT (ITAT Cochin)
- Nitta Jatiya (Acias & Nitajatia) v. Deit, Central Charge Range
- R v Silverlock [1894] 2 QB 766
- Bamwenyana v Byanguye (Court of Appeal No. 24 of 2017)
- Kimani v Republic (2000) EA 417
- Red Concepts Limited v Uganda Revenue Authority (Application No. 36 of 2018)
- Primarosa Flowers Limited v The Commissioner of Income Tax Income Tax Appeal 18 of 2013
- Karl Evans Brown v Commissioner of Income Tax
- Dennis Murray v Commissioner of Tax Payer Appeals Civil Appeal 70 of 2007
- Uganda Revenue Authority v Tembo Steels Ltd (Civil Appeal No. 9 of 2006)
- Van Boeckel v Customs and Excise Commissioners [1981] 2 All ER 505
- Goal Relief Development v Uganda Revenue Authority (Application No. 77 of 2021)
- Uniworks Transporters and Logistics Ltd v Uganda Revenue Authority (Application No. 62 of 2018)
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.