Thursday 23rd February 2012

Tax Law

Sebalu & Lule provides tax services on a range of issues with respect to income tax (corporate taxation), value added tax, withholding tax, customs, tax planning & compliance and international taxation. Particular fields of expertise include mergers & acquisitions, capital raising, domestic borrowing, real estate, project finance, oil & gas, provident and pension funds and on and off-shore investments.  The firm also provides tax training and tax litigation services.

Notable briefs include:

  • Currently representing an independent power producer in a withholding tax dispute worth US$ 5 million against Uganda’s principal transmission company in the Commercial Court.

  • Currently opposing a $100,000 customs tax claim lodged against a leading shoe retailer.

  • Advised a leading forest conservation company on the capital gains aspect of a proposed transfer of business and assets between it and a closely related entity.

  • Advised a leading advertising firm and affiliate of Ogilvy & Mather and WPP plc on a corporate restructuring and the international tax implication of the process.

  • Rendered tax advisory to a leading financial institution on the tax treatment of the application of retained earnings to issue bonus shares following the legal requirement to increase minimum share capital.

  • Advised a renowned French industrial company on the taxation of employee share schemes in Uganda.

  • Advised a renowned Indian energy company on the tax aspects of a cross-border business operation.

  • Advising a renowned French industrial company on taxation of employee share schemes in Uganda.

  • Advised a leading educational institution on the tax exemptions granted to educational institutions.

  • Offered advice to a leading multinational organisation on the tax aspect of a retirement benefit scheme managed in an off-shore bank.

  • Successfully represented the country’s association of commercial banks in a high-value dispute over the imposition of stamp duty in the Commercial Court of Uganda.

  • Successfully opposed a $ 150,000 tax claim against a leading confectionary and soft-drinks manufacturer in the Tax Appeals Tribunal.

CONTACT PARTNER
Joseph Luswata