Chinese Firm Shut Down Over shs400m Tax Liability


capsule geneva; font-size: small; line-height: 200%;”>The company dealing in importation of shoes from China has a total tax liability amounting to Shs 430m in VAT arrears, having accumulated from the period between July 2010 to June 2013.

URA officials said the Chinese company has over the time taken the tax body for a ride until today “when we chose to seal off their main shop and store both on William Street.”

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“URA continues to appeal to all business owners to put right their tax affairs or risk closure,” an official in the media management office told Chimpreports.

“We expect the owners of Dong Ma to come to our offices within 7 days to discuss an agreeable repayment plan.”


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