Yunus Social Business Foundation Uganda Limited v Uganda Revenue Authority (Taxation Application No 79 of 2020)
Observed later treatment
No later-treatment classification is recorded for this judgment.
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Holding
An organization whose constitution permits it to carry on both business and charitable activities does not qualify as a charitable organization for tax exemption purposes under the Income Tax Act. The definition of charitable organization requires exclusive operation for charitable purposes, not a hybrid model combining business and charitable activities. The applicant, operating as a non-deposit taking microfinance institution charging interest on loans, does not meet the statutory definition of a charitable institution despite its social objectives.
Outcome
Application for tax exemption status dismissed
Facts
The applicant, Yunus Social Business Foundation Uganda Limited, is part of an international network co-founded by Nobel Laureate Professor Muhammad Yunus. It was incorporated as a company limited by guarantee with the objective of addressing social and environmental problems in Uganda by promoting social businesses through financial and technical support. The applicant holds money lending, trading, and investment licenses but no NGO permit. It receives funding from its German parent company and other donors, which it lends to businesses in Uganda at interest to cover administrative expenses. On 7 February 2019, the applicant applied for tax exemption status as a charitable organization under the Income Tax Act. The Uganda Revenue Authority rejected the application on grounds that the applicant was not a charitable organization because it charged interest on loans. The applicant objected, and the objection was disallowed, leading to this application before the Tax Appeals Tribunal.
Issues
- Whether the applicant is a charitable institution and qualifies to be exempt under the Income Tax Act?
- What remedies are available?
Orders
- Application dismissed.
- Costs awarded to the respondent.
Rules and key headnotes
Legislation cited (7)
- Income Tax Act s.2(bb)
- Income Tax Act s.21(1)(f)
- Income Tax Act s.21(1)(f)(i)
- Income Tax Act s.2(bb)(i)(B)
- Non-Governmental Organizations Act 2016 s.31
- Charities Act (United Kingdom) s.1(a)
- Charities Act (United Kingdom) s.3
Cases cited (3)
- Crane Bank v Uganda Revenue Authority (HCT-OO-CC-CA-18-2010)
- Better Business Bureau v United States, 326 U.S. 279
- The King v Assessors of Sunny Brae (Town), [1952] 2 S.C.R. 76
Full judgment
The original judgment as reported. Read the original PDF before relying on any passage.