Uganda Case Law

Stabic Bank v Uganda Revenue Authority (Taxation Application No. 56 of 2019)

Stabic Bank v Uganda Revenue Authority (Taxation Application No. 56 of 2019) [2022] UGTAT 7 (2 March 2022)

Court

Tax Appeals Tribunal (Uganda)

Case number

Taxation Application No. 56 of 2019

Judges

Katwe, Panel Member, Mugerwa, Mugenyi, Chairperson

The Tribunal held that performance bonds, advance payment bonds and generic guarantees were indemnity bonds, but bid bonds were not and stayed at the nominal rate.

• Stamp Duty Liability
• Interpretation Of Indemnity Bonds
• Classification Of Bonds
• Tax Assessment Dispute
• Contractual Instruments
• Statutory Interpretation