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Museveni Gives URA’s Akol, Finance’s Kasaija Directives On Digital Stamps

President Yoweri Museveni has issued stern directives to the Uganda Revenue Authority (URA) Commissioner General Dorris Akol and Matia Kasaija, the minister for Finance,  to make sure that the country starts implementing the usage of Digital StampsMuseveni.According to  a letter written by President Museveni on November 18th, 2019, he directs Kasaija and Akol to ensure that all factories and companies in Uganda must ensure that they grant permission to SICPA, the firm that is to operationalize digital stamps taxation,  access to their premises, such that they can install cameras that will assist in the usage of Digital Stamps.In his letter, Museveni wrote thus;
“I am writing to you in connection with the digital stamps provider, SICPA. This electronic method eliminates all fraud.I, therefore, direct that all companies must give access to this company to install cameras at our cost. What are they afraid of?Secondly by copy of this letter Ms Doris Akol is to discuss with SICPA their offer of adding software to their system so as to be able  to monitor other taxes like income tax that are not covered by their arrangements.

URA should not waste money buying new equipment.”Museveni continues that “Furthermore, by copy of this letter,  I am directing the Ministry of Agriculture and UNBS to discuss with SICPAwhat that company can help them with to digitally monitor quality, prices and the location of their respective items.

In December, this year, my PPS should organise a meeting involving the Prime Minister, Ministry of Finance, Ministry of Agriculture,  Ministry of Health, UNBS, etc to discuss  this one centre of monitoring and quality control.”

It should be noted that URA gave all taxpayers dealing in gazetted products locally manufactured or imported to have their products affixed with Digital Tax Stamps.Manufacturers were given a three months grace period, up to January 31,2020 to finish up all stock in the distribution chain that does not have digital tax stamps.

The Digital Tax stamps is another solution that mainly seeks to address  challenges of illicit trade, counterfeit products and unfair competition on the market. It is used to track and trace excisable goods. With this digitization, there won’t be need to manually follow up and calculate taxes vis-a-vis sales

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