Two arrested as Kikuubo traders protest e-receipting, invoicing system
Uganda, April 8 -- Police on Monday arrested two people as traders in downtown Kampala (Kikuubo) closed their shops in protest over the implementation of the Electronic Fiscal Receipting and Invoicing System (EFRIS).
The traders on Monday kept their shops closed in protest against the automated business record keeping and taxing which Uganda Revenue Authority introduced a few months ago.
Information on the URA website shows EFRIS entails using Electronic Fiscal Devices (EFDs), e-invoicing and direct communication with "business transaction systems to manage the issuance of e-receipts and e-invoices in accordance with the Tax Procedures Code Act 2014."
The traders insist this is double taxation and that they were unable to understand th...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.