Vivo Energy (U) Ltd v Uganda Revenue Authority (Application No 29 of 2017)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
The Tribunal held that premium and rent paid by the applicant for leasehold interests in land constitute capital expenditure for the acquisition of a capital asset and are therefore not deductible under S. 22 of the Income Tax Act. Such payments form part of the cost base of an asset under S. 52(2). However, the Tribunal set aside the penalty imposed under S. 154, finding that the applicant had filed its revised provisional tax return on 30 December 2003, within the required timeframe.
Outcome
Application partly allowed — penalty set aside; treatment of premium and rent as capital expenditure upheld
Facts
Vivo Energy Uganda Limited, a fuel retail company, leases land from various landlords including the Uganda Land Commission, District Land Boards, and private individuals for periods ranging from 5 to 99 years. The applicant pays monthly rent and one-off premiums to landlords. For the period 2003 to 2008, the applicant paid Shs. 4,691,505,907 in rent and Shs. 771,659,368 in premium, totalling Shs. 5,463,168,000. The applicant amortized these payments over the lease period and treated them as deductible expenses for tax purposes. Following a tax audit, URA reversed the deductions, treating premium and rent as capital expenditure. URA also imposed a penalty of Shs. 91,191,746 under S. 154 of the Income Tax Act, alleging that the applicant filed an amended provisional tax return out of time. The applicant contended it filed the revised return on 30 December 2003, while URA claimed it was received on 1 March 2004.
Issues
- Whether the premium and rent paid by the applicant are deductible expenses under the Income Tax Act?
- Whether it was proper to impose penalty under S. 154 of the Income Tax Act on the applicant?
Orders
- The application by the applicant is partially successful on the second issue.
- The assessment of the penal tax of Shs. 91,191,746 is set aside.
- The applicant is awarded half the costs of the application.
Rules and key headnotes
Legislation cited (17)
- Income Tax Act s.22
- Income Tax Act s.22(1)(a)
- Income Tax Act s.22(2)
- Income Tax Act s.22(2)(b)
- Income Tax Act s.31
- Income Tax Act s.43
- Income Tax Act s.52
- Income Tax Act s.52(2)
- Income Tax Act s.122
- Income Tax Act s.133
- Income Tax Act s.154
- Land Act s.1
- Land Act s.2
- Land Act s.3(5)
- Constitution Article 237(3)
- Evidence Act s.101
- Evidence Act s.133
Cases cited (22)
- Mukwano Industries (U) Ltd v Uganda Revenue Authority (HCT-00-CC-CA-0001-2008)
- King v Earl of Cardogan (1915) 3 KB 484
- Vodafone Cellular Limited v Shaw (Inspector of Taxes) (1997) STC 734
- Van Den Beghs Limited v Clark (1935) AC 431
- T.C. Nehanga Consolidated Cooper Mines Limited (1964) AC 948
- Vallamborosa Rubber Company Limited v Farmer (1910) TC 529
- Ounsworth v Vickers (1915) 6TC 671
- Atherton v British Insulated and Helsby Cables Limited (1926) AC 205
- Attorney General v Uganda Law Society (Constitutional Appeal No. 1 of 2006)
- Gali India Limited v The Joint Commissioner of Income (ITA 956/2011 and 957/2011)
- British Insulated and Helsby Cables v Atherton [1925] ALL ER 629
- Regent Oil Co. Limited v Inland Revenue Commissioners [1965] 3 ALL ER 174
- Commissioner of Income Tax v Hutchings Biemer Ltd [1969] EA 681
- Commissioner of Income Tax v Overland Co. Ltd [1961] EA 729
- Golden Horse Show (New) Ltd v Thurgood [1934] 1 KB 548
- B.P. Australia Ltd v Federal Commissioner of Taxation (1965) 112 CLR 386
- B.P. Australia Ltd v Court of Taxation of Commonwealth of Australia [1966] AC 224
- Commissioner of Taxes v Nchanga Consolidated Cooper Mines [1964] AC 948
- Syme v Commissioner of Stamps (1910) 29 N.Z.L.R.
- Stokes v Costain Property Investments Limited [1984] STC 204
- Madras Industrial Investment Corporation Ltd (225 ITR 802)
- Hallstrom's Case (1946) 72 CLR 634
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.