Dr. Amos Nzeyi v Uganda Revenue Authority
Dr. Amos Nzeyi v Uganda Revenue Authority (Tax Application 5 of 2024) [2025] UGTAT 11 (30 June 2025)
The Tribunal found that the Applicant held the land for nine years as a personal investment, with no evidence of repeated transactions, business use, or modifications to the asset indicative of trade. The Applicant's tax returns consistently declared only dividend and rental income, and there was no history of land trading. The Respondent's reliance on the Applicant's tax profile was insufficient to establish business activity, as registration codes do not constitute factual proof. The Tribunal concluded that the land was not a business asset within the meaning of the Income Tax Act, and the…
Source excerpt
- Income Tax Assessment
- Business Asset Definition
- Capital Gains Exemption
- Taxable Income
- Burden Of Proof
- Taxpayer Registration Evidence