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Income Tax Act (Cap 338)s. 5(4) to (6)FY2017/18Income Tax (Amendment) Act 2017 (Act 10 of 2017)

Case file ITA-2017-RENTEST

Minister empowered to prescribe estimates of rent for rental tax

Highest rung reached: Official forecastLaw: read in a statutory textAdministration · Compliance

1 point pending verification

  • Whether any statutory instrument of rent estimates was made and approved by Parliament under s. 5(6).
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Law

Principal Act
Income Tax Act (Cap 338), enacted as Act 11 of 1997
Amending Act
Income Tax (Amendment) Act 2017 (Act 10 of 2017) (verified)
Provision, revised numbering (2023 revision)
s. 5(4) to (6)
Provision, numbering before the revision
s. 5(4) to (7) of Cap. 340
Principal Act dates
commencement 1997-07-01
Amending Act in force from
1 July 2017 (assented 13 June 2017; gazetted 30 June 2017)
Tax heads and taxpayers affected
Income tax, Rental tax. Landlords who do not file, or whose returns are contested.
Status
Legal: in force. Implementation: pending verification.
WHAT CHANGED: CHANGE SLIP
Section A: The law
Amending ActIncome Tax (Amendment) Act 2017 (Act 10 of 2017)
In force from1 July 2017
Assent13 June 2017
Section B: What the law said before
The wording before and after is set out in the redline below.
*** END OF CHANGE SLIP ***

The redline

s. 5(4) to (7)
as at 2017-06-30

Not in the Act before this amendment: the amending Act inserted the provision.[ACT-ITA-2017-10, PDF page 3, s. 3]

s. 5(4) to (7)
as at 2017-07-01

Inserted: (4) For the purposes of assessing rental tax under this section, the Minister shall, by statutory instrument, prescribe estimates of rent based on the rating of the rental property in a specific location. (5) A Statutory Instrument made under subsection (4), shall only apply to a person who fails to file a return in accordance with subsection (1) or whose return is misleading on the face of it and has been contested by the Commissioner. (6) A statutory instrument made under this section shall come into force after approval by Parliament. (7) Notwithstanding the provisions of this section, all rental agreements shall be executed and effected in Uganda shillingsVerified law: Wording or a date read in a statutory text, with the version and page named.[ACT-ITA-2017-10, PDF page 3, s. 3]

Act 10 of 2017 inserted subsections (4) to (7). Subsection (7), requiring rental agreements to be in Uganda shillings, came with the same section.

In plain English

Interpretation: A reading of the evidence, by a named source or by this register. Where a landlord does not file, or files a misleading return, the Minister can set estimates of rent by location, once Parliament approves them.

Evidence classes: § Verified law · ○ Observed · = Derived · → Official forecast · ← Reported yield · ≈ Modelled estimate · ⇒ Causal estimate · ~ Association · ¶ Interpretation · ? Hypothesis · + Proposed reform · ! Unverified. Hover or focus a mark for its definition.