Maria Zoupa and Daphne Cozonis of Zepos & Yannopoulos discuss some of the tax considerations usually relevant for both sellers and buyers when planning and negotiating the transactional part of such acquisitions of non-listed companies seated in Greece.
The highs and lows of 10th Parliament
Saturday May 22 2021
Summary
On May 11, the 10th Parliament was dissolved after a five-year term that commenced in May 2016. The disbandment of the House paved way for the MPs-elect swearing-in this week, which ran from May 17 to 20.
This will be followed by the election of Speaker and Deputy on May 20 at Kololo. As the 11th Parliament commences, Esther Oluka looks back at the performance of the previous House.
Advertisement
On May 11, Speaker of 10th Parliament Rebecca Kadaga ended business of the House after a long day’s plenary.
“I want to assure Honourable Members and citizens (that) a motion will be moved in the second sitting of the new (11th) Parliament to reinstate business which has not been completed and under Rule 325 of the Rules of Procedure, this business must be handled in the first session of Parliament,” Ms Kadaga told MPs in her concluding remarks.
Will alternative dispute resolution regarding taxes prove cheaper
May 19, 2021 A Uganda Revenue Authority official engage manufacturers
Tax disputes by their nature tend to overwhelm even seasoned taxpayers with a sense of helplessness.
This is because they set a taxpayer against the government which considers outstanding taxes as debts owed to government.
Under the Tax Procedures Code (Amendment) Bill 2021, the government has proposed to introduce Alternative Dispute Resolution (ADR) mechanisms for resolving tax disputes before the Uganda Revenue Authority (URA). Simply put, ADR refers to the use of mechanisms other than the conventional methods like courts to resolve disputes.
Some of the existing ADR mechanisms include negotiation, mediation, arbitration and conciliation, among others. If the proposal is passed into law, a taxpayer who is dissatisfied with a URA decision may apply to the Commissioner to use ADR to resolve the ta
Will alternative dispute resolution regarding taxes prove cheaper observer.ug - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from observer.ug Daily Mail and Mail on Sunday newspapers.