Uganda Revenue Authority has disowned a memo indicating that both the purchasers and sellers of land transacting at Shs10 million and above are required to have Tax Identification Numbers (TIN).
Following public backlash over the December 3 memo that went viral on Monday, 06 December 2021, URA tweeted: “Kindly disregard this communication making rounds on social media.”
However, they didn’t give details. Our attempts to seek clarification on the matter from URA were futile.
The internal memo signed by Milly Isingoma Nalukwago and dated December 3 read: “This is to bring to your attention that effective 6. December 2021, both the Purchasers and Sellers of Land transacting at U. 10 million and above are required to have Tax Identification Numbers (TIN).”
“This is aimed at registering all the potential taxpayers and widening the current tax base. A public notice of the requirement for TINs has been circulated (plea. print and display) and I appeal to all the TIN verification and approving authorities to handle these applications within the Service level agreements.
All officers handling stamp duty transactions are required to follow the guidelines and ensure both parties to the Land Transfer have TINs.”