Mark Ruhindi @MarkRuhindi Twitter profile

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Mark Ruhindi

5 months

A small business ran by one of my friends just received an agency notice to collect penal tax of Ugx. 6,000,000/ for non-compliance with EFRIS. This is 3 days after a URA tax administrator paid him a visit to enforce compliance. He runs a small business that barely makes any

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Mark Ruhindi

@MarkRuhindi

6 months

Young lawyers on X, one of you here is busy making a really expensive mistake. Take note and learn.

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Mark Ruhindi

@MarkRuhindi

5 months

Has Mr. Mpuga sent out a tweet in Rufumbira or we're being discriminated against yet again😅

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Mark Ruhindi

@MarkRuhindi

7 months

Just spoke to one of my guys who's considering law school at one of the smaller private universities and I told him to rethink the decision. Here's what I think about law school overall in these times. 1. I wouldn't make the law school decision or even pay for it for a teenager

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Mark Ruhindi

@MarkRuhindi

5 months

KIKUUBO trading hub and URA EFRIS standoff; Opportunities for young book keepers. I feel like URA is failing in it's attempts to address traders concerns about EFRIS and VAT compliance for one reason, that is; Failure to recognise that the average Kikuubo trader, especially the

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Mark Ruhindi

@MarkRuhindi

1 year

LAND TRANSFERS: High Court has reiterated the Supreme Court position in the case of Betty Kizito v David Kizito; Attempts to avoid stamp duty by indicating less amounts in transfers than actual prices paid is fraud,rendering transfers void. The buyer is not a bona fide purchaser.

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Mark Ruhindi

@MarkRuhindi

2 months

I wish law and bar students kept a public diary documenting personal stories of the sacrifices, the sleepless nights, the mental and emotional breakdowns etc! If people read it all, I guarantee, no one would casually call out a lawyer for "eating too much" in professional fees!!

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Mark Ruhindi

@MarkRuhindi

7 months

They probably shouldn't have posted these! A person who makes total taxable supplies exceeding Ugx 37.5M exclusive of any tax in a period of 3months is obligated to apply for VAT registration. Sales of UGX 38,265,000 in a single business day puts the business in a VAT trader

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Mark Ruhindi

@MarkRuhindi

8 months

Whenever wealthy Ugandans are fighting the banks or URA and are struggling to pay off loads of debt, I've noticed there's always a section of Ugandans poking fun at them on social media. If you're this kind of person(or if you're not still), you may still have a lot to learn

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Mark Ruhindi

@MarkRuhindi

7 months

This is exactly how an average Ugandan imagines running a business to be like. No overheads, no risk, no tax, just harvesting money and living happily ever after! Business is much more complicated than this. For the start, you will likely lose your mind in just one month of

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Mark Ruhindi

@MarkRuhindi

1 year

I would advise owners of tiny enterprises to stick to sole proprietorship or partnerships as business vehicles for now. Trading through companies has gotten more technical and the recent changes mean tiny businesses can't absorb the steep compliance costs(both with URA and URSB).

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Mark Ruhindi

@MarkRuhindi

2 years

Currently a lawyer can sit in office or even at home, prepare a suit, file it, pay fees, download summons, serve the defendant, file a consent settlement and recover for the client without making a single appearance at the court house. Bravo to the ECCMIS team at the @JudiciaryUG

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Mark Ruhindi

@MarkRuhindi

1 year

Has any MBA students written a thesis on the Warid Telecom like market entry and exit strategy that happened in the 2000-2010s? Enter the market through price undercuts, take over market share, build goodwill but no profit and sell back the market share for good money and exit😅

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Mark Ruhindi

@MarkRuhindi

8 months

Correct me if I am wrong but I think there's never been a better time for a young engineer to consider a career as a soldier.

Government of Uganda

@GovUganda

8 months

In line with ongoing efforts to enhance facilities at Entebbe International Airport, the arrivals and pick-up area has undergone significant improvements. This commendable initiative has been spearheaded by the Uganda Peoples’ Defence Forces Engineers Brigade. Courtesy pic

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Mark Ruhindi

@MarkRuhindi

1 year

Kampala workers buying property, i don't see how it makes sense to buy a plot of land to build your home 50km outside the business district. The opportunity cost of living too far away from the market will get you. The cost of your commute alone means you never enjoy that home.

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Mark Ruhindi

@MarkRuhindi

9 months

You people are seriously in support of that wild proposal to exempt entertainment from taxation!? Even water and food are taxed but you want entertainment to be tax exempted!!? Smh

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Mark Ruhindi

@MarkRuhindi

11 days

Younger adults; Some of us are lucky to have been reckless when there were no camera phones but times are different now. A single photograph or footage of you on the internet is enough to seal your fate. And that's for all future prospects! Please be careful.

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Mark Ruhindi

@MarkRuhindi

9 months

Just the other day we all bashed a comedian for attempting to hide from the taxman. We must apologize to that man!!😅

Parliament Watch

@pwatchug

9 months

While handing over the vehicles, Speaker @AnitahAmong revealed that Parliament will be giving the former Speakers new cars every 5 years, & the cost of fuel, maintenance & salaries of the drivers of the vehicles will be paid by Ugandan taxpayers.

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Mark Ruhindi

@MarkRuhindi

6 months

For those who understand how VAT works, starting from the footing that VAT is NOT a tax to the business paying it; literally everything that could be done wrong in the way business is run has to be done wrong for a single entity in a small market like ours to find itself in VAT

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Mark Ruhindi

@MarkRuhindi

9 months

Gregory v. Helvering (1935); George Sutherland J; “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose that pattern which will best pay the Treasury; there is not even a patriotic duty to increase one’s taxes”

933 KFM

@933kfm

9 months

. @rggoobi ; There are Ugandans who are making money but they don't want to pay taxes. They evade the system by either under-declaring or by just avoiding it [the tax]. #KFMHotSeat

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Mark Ruhindi

@MarkRuhindi

8 months

TAX ALERT The Ugandan tax appeals tribunal has recently made a key withholding tax pronouncement that should interest all real estate dealers AND generally taxpayers with commercial interests in the real estate industry. Mid last year, i wrote an opinion on taxation of the real

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Mark Ruhindi

@MarkRuhindi

8 months

There's a couple of former UPC government employees who used to hang around Uganda House. I always wondered how these guys just woke up every day and just sat or stood outside Uganda House almost everyday with little or nothing going for them for years, until someone told me they

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Mark Ruhindi

@MarkRuhindi

4 months

It helps that it's the Lady Justices handing down those sober matrimonial property judgements. We wouldn't survive the feminists and their usual misguided lynchings!

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Mark Ruhindi

@MarkRuhindi

1 month

I think the ruling party is trying to have its cake and eat it in this corruption fight stalemate. You've admitted there's corruption at parliament; Now please choose sacrificial lambs, it's simple as that really. The whole system certainly can't survive. If you want the system

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Mark Ruhindi

@MarkRuhindi

1 year

I shall henceforth preach aggressive tax planning(not tax evasion) strategies to minimize tax liabilities! If you're tired of paying taxes that go to funding village mansion lifestyles, follow me(and retweet) for tweets on loopholes in the existing law to exploit!

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Mark Ruhindi

@MarkRuhindi

9 months

This is a joke. I was back and forth for over a month with one of your registrars over a mere reservation of a name! I had to practically render advice and all(I don't know whether those people are even lawyers)!! So NO! URSB can't register a business in two hours!

Mercy K. Kainobwisho

@Mercykains

9 months

REGISTRARS AT WORK: If one of your 2023 resolutions was registering your business, know it's not too late; we are here to serve you. You have 8 days to end 2023, yet we ⁦can register your business in less than 2 hours and online ⁦ @URSBHQ ⁩ . No excuse.

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Mark Ruhindi

@MarkRuhindi

3 months

Meanwhile 6B happens to be the 'VVIP' private wing at Mulago. If the President was to be treated at Mulago he would be treated in 6B!! I had my dad there for almost 3 weeks and remember us going 2 straight days with dry taps. I also bought all doctors' prescriptions from

Anthony Natif

@TonyNatif

3 months

Dear Mr President, @KagutaMuseveni , RE: Mulago Hospital Has No Water. Sir, we write to you with a mix of trepidation, awe and utter disbelief. Trepidation because we don’t know the limit to which our communication must go before we are picked up for speaking too much truth to

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Mark Ruhindi

@MarkRuhindi

1 year

Our little sister graduated from law school today. So proud of her! Frame 1, First day of high school(With me); Frame 2, Graduation day with dad.

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Mark Ruhindi

@MarkRuhindi

16 days

When I was preparing to join campus after S.6, one magistrate family friend found me at my dad's chambers and immediately asked where I was going for law school, I told him I was joining MUBS because I'd been offered government sponsorship. He asked paps why I wasn't joining

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Mark Ruhindi

@MarkRuhindi

6 months

There's no longer a reason why a Master of laws should take a whole two years. Let's begin there. Let the University restructure the LLM program to address specialisation market demands and trends of the current times. Allow students to acquire and pay only for the knowledge and

Dr Busingye Kabumba

@bkabumba

6 months

Not true. I have supervised Master of Laws students at @MakerereLaw who have graduated in the stipulated time for the course (2 years). @Makerere ’s graduate programme can be certainly be improved but it is already a very strong, credible and fulfilling one.

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Mark Ruhindi

@MarkRuhindi

9 months

Faced a possibility of budgetary shortfalls as a result of revenue collection deficits in recent months, Ministry of Finance instructs URA to dig out 'tax evaders hiding informality'. EFRIS is about to bite even harder, targeted investigations and audits are expected even against

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Mark Ruhindi

@MarkRuhindi

1 year

Condominium property buyers, if you're in the market for a freehold/mailo property, please ensure you're buying property from a developer who is capable of owning and passing on perpetual interests in land. Our law does not permit non Ugandans to own land in perpetuity.

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Mark Ruhindi

@MarkRuhindi

9 months

But lawyers!! Who sent bailiffs to attach a national mosque?! And then sell it to who!?😅🤦‍♂️

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Mark Ruhindi

@MarkRuhindi

8 months

We start a new parallel forum for SMEs and start-ups and leave these capitalists alone? Who wants in?

Anthony Natif

@TonyNatif

8 months

The folks at @PSF_Uganda are really special. On the sidelines of NAM, they’ve organized an investment forum & trade exhibition where they’ve made sure to price out startups that would need such exposure the most. But they’ll keep talking about how they support entrepreneurs🤦🏾‍♂️

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Mark Ruhindi

@MarkRuhindi

5 months

The bill tabled before parliament does not seek to amend any of the PAYE provisions of the Income Tax Act. Where are the good people at @newvisionwire getting their information?! Kindly share.

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Mark Ruhindi

@MarkRuhindi

1 year

I've written a blog on the case for taxation of wealthy farmers (like @KagutaMuseveni ) "It's quite absurd many wealthy Ugandans pay no income tax on their farming activities and a Kampala based office secretary's UGX 500,000/ salary is taxed" Link below👇

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Mark Ruhindi

@MarkRuhindi

4 months

I find it shameful and repulsive to load someone with billable work and claim you're paying them in the form of WiFi and an address. Lawyers deserve better pay. However we must recognise that the economics at play aren't favourable to that notion. Lawyers running firms are

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Mark Ruhindi

@MarkRuhindi

11 months

Two stories; Wavah's WBS and Rugasira's Good African Coffee tax woes.Few business stories have pained me like those businesses' tax woes and how they ended up how they ended up. That's why I don't mind sharing knowledge.If you're an entrepreneur, follow me if you already haven't.

Anthony Natif

@TonyNatif

11 months

@MarkRuhindi —-the information you provide is fantastic and largely esoteric. You gotta find a way to monetize it. Somehow! But that’s my capitalistic side speaking. I also have a side that values free access to information. Where’s the middle ground? Only you can say….

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Mark Ruhindi

@MarkRuhindi

1 year

To register a non-individual TIN @URAuganda demands a bank account. To open a corporate account, @stanbicug demands a TIN. @DCICUg demands clearance from the @NGObureau to issue a work permit. When you go to the bureau, they demand for your work permit! Just chaos!

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Mark Ruhindi

@MarkRuhindi

1 year

ENTREPRENEURS; So much has been said about the late Apollo's impeccable integrity and business acumen. Here's what else I think was so central to his success; He was teachable and he was not a micromanager, he hated drawn out disputes, he understood how commercial risk arises,1/2

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Mark Ruhindi

@MarkRuhindi

1 year

Friends of my dad(Mr Ngaruye Ruhindi); He's unwell but we're doing everything to ensure his full recovery. If you need to reach out to him, he's being managed at Mulago. Get in touch with me as and when you need to visit him!

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Mark Ruhindi

@MarkRuhindi

16 days

If you're one of the unlucky ones that failed to make it into LDC this intake, consider it as a sign from the universe. Perhaps consider pivoting the law degree elsewhere. Not every lawyer must enter conventional practice and it's okay! I know many lawyers who have built

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Mark Ruhindi

@MarkRuhindi

6 months

When you're African the earlier you make peace with the notion of 'black tax', the better. There will be a time where you will have to give money to parents, siblings, cousins etc whether you have it or not. For most people in this position, often this is because if you don't,

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Mark Ruhindi

@MarkRuhindi

1 year

Kampala businessmen! If you have URA on your bumper, here's your front row seat to all my wisdom🤓 I will speak to you about fixing your tax problems: SMEs, family businesses, directors of boards, accountants in risk control and tax reporting roles. Here;

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Mark Ruhindi

@MarkRuhindi

7 months

If taxation was a photo, this would be it😅

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Mark Ruhindi

@MarkRuhindi

14 days

Lawyers who offered taxation at law school and weren't taken for the Bar Course, remember to apply for those URA DT jobs! Anyone who has gone through the @MakerereLaw taxation class doesn't need any further training or advisory experience for those roles. Make use of my

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Mark Ruhindi

@MarkRuhindi

10 months

Earlier today I had the honor of hosting and exchanging knowledge with a team from the Tax Appeals Tribunal led by the Honorable members of the Tribunal and the business community for a discussion on a broad range of topics on taxation and governance in business.

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Mark Ruhindi

@MarkRuhindi

1 year

URA seeks to identify real estate dealers/businesses in the market through transaction data availed at point of transfer of real estate property(TINs). All Transactions over titled property which amount to trade activities will soon be taxed under income tax and VAT, here's how;

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Mark Ruhindi

@MarkRuhindi

1 year

HAM v DTB, A lesson for leveraged real estate investors; This business is lucrative, no doubt. But cash flow from rent alone is insufficient to meet the high cost of borrowing in our market.If you're not realising capital gains(flipping real estate assets), there will be trouble.

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Mark Ruhindi

@MarkRuhindi

1 year

TAX WAIVER ALERT; The president has assented to the Tax Procedure Code(Amendment) bill 2023. The new law introduces a full waiver of all interest and penalty outstanding as at 30th June, 2023 for tax payers who pay their principal tax liabilities by 31st December, 2023 in full.

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Mark Ruhindi

@MarkRuhindi

3 months

URA AND USED CAR IMPORTERS; WHAT ARE THE OPTIONS FOR AGGRIEVED TAXPAYERS? via @MarkRuhindi

URA AND USED CAR IMPORTERS; WHAT ARE THE OPTIONS FOR AGGRIEVED TAXPAYERS?

I would appreciate the tax administration expediency URA finds in attaching uniform valuations to all motor vehicle imports and lends credence to my own speculation that the reason why URA has so f…

mrt.tax

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Mark Ruhindi

@MarkRuhindi

7 months

The other day a gentleman here gave investment advice on making money from the boda boda business, I think it was more like how to lose UGX 53M to the boda business in a month. In a post that quoted that his advice, I emphasized the need to always appraise risk even before

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Mark Ruhindi

@MarkRuhindi

9 months

As has been the tradition for many years, I was on chauffeur duty for my Mom(in green print)for today's church. Other lady is my Aunt. When it was time to get married, my Dad and my Uncle simply went to the next village and picked these beauties and we're here. The good old

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Mark Ruhindi

@MarkRuhindi

1 year

As far as I can remember, the legal profession was crowded even when @MakerereLaw was the only law school. My father left with a 2nd upper and had to leave Kla b'se there was no work! Lawyer beginnings are all the same. Senior lawyers braved worse. I witnessed it. Just be patient

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Mark Ruhindi

@MarkRuhindi

8 months

A TAX PAYER'S GUIDE TO VAT WITHHOLDING. Cash-flow is often termed the life blood of business, and tax management plays a key role in cash-flow management. These two are like twins, with VAT withholding being central(the other in my view being agency notices). For Ugandan

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Mark Ruhindi

@MarkRuhindi

6 months

KACITA Vs LANDLORDS; ADDRESSING THE QUESTIONS ON VAT ON COMMERCIAL PROPERTY RENT PAYMENTS. The crux of this matter revolves around some landlords’ intent to impose an 18% VAT markup on existing and future rent obligations, alleging an oversight in previous collections where VAT

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Mark Ruhindi

@MarkRuhindi

6 months

Concerns about the state of our city road network, in regards to cost of car maintenance, accidents have left out one key concern. May be I am just entitled but for me this is actually a major mental health issue! If I had to drive to and from Kira twice every day via Najjera for

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Mark Ruhindi

@MarkRuhindi

1 year

A student of Revenue law and Taxation asked me to explain the Tax principle "Pay now argue later” Here's the explanation; The principle connotes to the requirement that a tax payer who contests a liability, settles at least a portion of it before being heard in dispute

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Mark Ruhindi

@MarkRuhindi

1 year

"Under the Act, 'tax is imposed on a person who has chargeable income for the year of income'. And so there must be income to begin with, yet the amendment seeks to tax both gains and losses or levy tax even when it's obvious that there's no income to tax"

INCOME TAX(AMENDMENT) BILL 2023, MORE AGGRESSIVE TAXATION OF THE REAL ESTATE SECTOR MAY BE COMING.

Under the Act, ‘tax is imposed on a person who has chargeable income for the year of income’. And so there must be income to begin with and yet this amendment seeks to tax both gains an…

mrt.tax

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Mark Ruhindi

@MarkRuhindi

3 months

KPMG has recently launched its AI Tax tool, "KymTax". A powerful AI tax tool expected to bring down the time it ordinarily takes a highly skilled tax professional to do a whole day's tax advisory work(generating tax advisory notes or even legal arguments), to just one hour.

Mark Ruhindi

@MarkRuhindi

3 months

URA AND USED CAR IMPORTERS; WHAT ARE THE OPTIONS FOR AGGRIEVED TAXPAYERS? via @MarkRuhindi

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Mark Ruhindi

@MarkRuhindi

29 days

Bobi and I share a checkered legal education journey history. Having started law school straight out of MUBS, I felt I wasn't ready and dropped out. I joined Makerere Law after a brief self-discovery(and partying) phase! Glad I rejoined as a more mature individual, and those who

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Mark Ruhindi

@MarkRuhindi

8 months

Inflation will eat up that 300k real quick. Go after real estate capital gains instead. Bring that money and I sell you equity in a real estate development company.

Madam CEO Cheptegei 🇺🇬

@JackieAkampwera

8 months

Me and my 23 friends - each is saving Ugx. 300,000 per month for a year. That’s Ugx 86,400,000. We are looking for a Bank with a better interest rate for our unit trust account. DM if you have a better offer!

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Mark Ruhindi

@MarkRuhindi

2 months

Here's commercial risk(cashflow) to look out for if you do business with the government or have any credit exposure to businesses doing business with the government. Last evening I had a conversation with a friend of mine who supplied a government ministry with office

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Mark Ruhindi

@MarkRuhindi

8 months

Busy washing roads and cleaning up for visitors like we don't deserve the clean roads ourselves. You must be the people who have special plates for visitors in your homes!

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Mark Ruhindi

@MarkRuhindi

1 year

OF NICK OPIYO'S MANCHESTER UNITED SHIRT URA SPAT; AN IMPORTER'S VAT MASTERCLASS. In this short commentary, I have decided to weigh in on this quarrel upon a prompt from @StKyamutetera . Follow the link below to read my opinion. Importers, traders/businessmen, students of revenue

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Mark Ruhindi

@MarkRuhindi

10 months

Today is the Senior's birthday. We're grateful for his humble selflessness, for his rich contribution to the law and for the many legal careers he has helped jump start!

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Mark Ruhindi

@MarkRuhindi

11 months

X is a powerful information and knowledge exchange tool many Ugandans are not leveraging well. Banter aside, look out for and follow substance and accounts that share knowledge. If you did, you would probably not be investing your savings in things like capital chicken🙄

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Mark Ruhindi

@MarkRuhindi

6 months

There's no plausible reason why a lawyer with no tax competences should be selected to head legal at a tax body!

Isaac N. Mpanga

@Isacmpanga

6 months

@TonyNatif @URAuganda @ug_lawsociety She really doesn’t require to have any specialized knowledge in tax to perform the role. I do not believe in tribes and tribalism out of sheer experience. Most of the people who have taken a chance on me as a professional are not from my tribe.

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Mark Ruhindi

@MarkRuhindi

5 months

The two tweets below embody all the differences in mindset you will ever need to know about the two genders; Why shady pastors scam more women than men and why 'slimming tea' is marketed only to women!!

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Mark Ruhindi

@MarkRuhindi

9 months

S.2! He caught me dozing in his afternoon French class and asked me to go pick my beddings from the dorm and had me take the rest of the class while sleeping in one of the front corners of the classroom!! I wish him a wonderful retirement.

Nile Specialist🇺🇬

@Nabimara_paul

9 months

Ntare guys, I present to you the Mighty Bonshe 😂......Share your story

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Mark Ruhindi

@MarkRuhindi

5 months

If you missed it, here's an excerpt of my recent conversation with NTV Uganda's Chris Higenyi on the recent market setbacks arising out of URA's enforcement of EFRIS and VAT compliance. These views are re-echoed in my recent commentaries here, specifically;

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Mark Ruhindi

@MarkRuhindi

2 months

There's no need to have a head of legal and then a head of tax(tax manager) on the payroll in 2024! For a versatile lawyer, that's one job!

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Mark Ruhindi

@MarkRuhindi

1 year

The non lawyer who tweeted about possible tax losses due to the Ham v DTB decision actually had a thing or two right.Lawyers were quick to dismiss him to go fill Kla potholes but in fact the decision opens the door for possible unbeatable tax planning schemes by multinationals!

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Mark Ruhindi

@MarkRuhindi

5 months

Tomorrow I'll be offering views on some of the tax administration lapses the government needs to address in its current revenue mobilization drive. A lot of which I have written about at for sometime. Tune in.

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Mark Ruhindi

@MarkRuhindi

1 year

An older guy told me,"you'll become a career student" when I said I would go to business school then law school; At law school Mr Luswata(tax) told us "Don't spend more time or money on school. You have all you need to make money!" Both were right. We don't need all the degrees!

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Mark Ruhindi

@MarkRuhindi

10 months

EXPLORING THE CULTURE OF KICKBACKS IN CORPORATE KAMPALA; BUSINESSES BEING ENSNARED INTO TAX PROBLEMS. Businesses are finding themselves trapped in a double edged sword situation, where refusing to partake in these illicit transactions means losing lucrative opportunities, while

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Mark Ruhindi

@MarkRuhindi

11 months

THE AIRTEL UGANDA IPO: EVALUATING AIRTEL's TAX RISK AND DIVIDEND POLICY - KEY CONSIDERATIONS FOR INVESTORS. via @MarkRuhindi

THE AIRTEL UGANDA IPO: EVALUATING AIRTEL’s TAX RISK AND DIVIDEND POLICY – KEY CONSIDERATIONS...

I do note from the prospectus that, Airtel Uganda has taken commendable steps in securing such private rulings pertaining to a significant portion of its inter-party transactions. In my assessment,…

mrt.tax

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Mark Ruhindi

@MarkRuhindi

1 year

My guy is preparing to go URSB for a civil marriage ceremony after his Kwanjula.I've advised him to go register the traditional marriage and chill. Lately, perhaps the only reason to go through a civil ceremony after a traditional wedding should only be for religious sentiments.

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Mark Ruhindi

@MarkRuhindi

1 year

What happens when companies are not run properly from a taxation perspective; THE SADOLIN PAINTS STORY! Sometime in 2018, Kansai Plascon ltd takes over Sadolin through a full share acquisition; the transaction is done with such little to no tax non-compliance risk due diligence.

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Mark Ruhindi

@MarkRuhindi

1 year

Here's a quick tax compliance masterclass for every entrepreneur and SME Chief Executive. How to avoid tax problems; The first step to minimising tax liability is proper timely compliance. Certain red flags in returns or business practices instigate audits and investigations and

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Mark Ruhindi

@MarkRuhindi

7 months

This was a great discussion. Thank you @ntvuganda for having me offer views.

NTV UGANDA

@ntvuganda

7 months

Taxpayers feel uneasy and there's a lack of enthusiasm for paying taxes, especially when they perceive that the funds are being squandered- Mark Ruhindi, tax lawyer #MorningAtNTV

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Mark Ruhindi

@MarkRuhindi

5 months

When Donald Trump gave Hillary Clinton a mini lecture on tax planning😂👏

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Mark Ruhindi

@MarkRuhindi

10 months

I may be wrong but I don't think there's a better way to build discipline, mental resilience and self confidence in a young man than introducing them to activities that build physical strength at an early stage. You can be certain that you will not be raising a sissy. In my case

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Mark Ruhindi

@MarkRuhindi

7 months

For the young men(and women) looking for healing tips from the Kampala dating drama that kicked off today. Here's motivation; This is last year. I've been a lifelong gym rat but that's the fittest, strongest and most focussed I'd ever been, and I hit that milestone while

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Mark Ruhindi

@MarkRuhindi

10 months

If you're an entrepreneur, follow business savvy lawyers, enjoy Friday evening gatherings with them, build friendships with them(and date them🤓) It's akin to having your own personal risk managers. Every conversation, every tweet enlightens you to potential risk exposure

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Mark Ruhindi

@MarkRuhindi

5 months

INCOME TAX(AMENDMENT) BILL 2024: LEGISLATIVE CONSIDERATIONS TO NOTE. Tell your MP to tune in.

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Mark Ruhindi

@MarkRuhindi

5 months

TAXATION AND CORPORATE GOVERNANCE; BUSINESS LESSONS FROM THE KANSAI PLASCON EXPERIENCE AFTER THE SADOLIN PAINTS TAKEOVER. Amidst URA‘s war on informality, in my own expert assessment, approximately 80% of the most critical decisions that will set up Ugandan family businesses for

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Mark Ruhindi

@MarkRuhindi

1 year

I've finally read Muwema&Co. opinion on the Supreme Court's recent banking decision. All I know is I don't want to be represented by a lawyer without the kind of passion they've exhibited in handling their client's instructions. But I wish them luck in their next intended course!

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Mark Ruhindi

@MarkRuhindi

6 months

Entrepreneurs still trying to appreciate VAT non-compliance complexities after that viral Seroma demand letter from URA; Here is another lesson learned the hard way from Airtel's 10 year long VAT litigation that gave us the current law on interest and penal tax accruals during

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Mark Ruhindi

@MarkRuhindi

2 years

I finally used the @JudiciaryUG 's new ECCMIS system and lived to tell the tale. This thing has basically rendered the older clerks jobless. Some older generation lawyers will also struggle to practice without full-time PAs! On the bright side, we will enjoy convenience it brings!

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Mark Ruhindi

@MarkRuhindi

2 months

Justice Mubiru's latest decision is a really a must read decision for law students looking to pursue business law and tax consulting in the future. And most certainly for tax lawyers and tax administrators who are not well grounded in tax recovery processes in insolvency

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Mark Ruhindi

@MarkRuhindi

1 month

The constant strikes in Kikuubo will likely have the far reaching implication of taking out a large chunk of the geographical wholesale/distribution hub goodwill that has been built over the course of the last few decades, and the biggest losers will be real estate tycoons who

Daily Monitor

@DailyMonitor

1 month

Go to the village and grow pineapples, govt tells striking traders #MonitorUpdates

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Mark Ruhindi

@MarkRuhindi

8 months

I am recycling the post below as my closing post for 2023, in case you missed it. I hope it helps your 2024. As one with a special interest in commerce than actual conventional lawyering, in 2024 I hope to share a lot more about the general application of my learnings over the

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Mark Ruhindi

@MarkRuhindi

1 year

Limited liability status is as good as useless to small businesses. UG Banks ask even shareholders of the large businesses to give personal guarantees for debts of their companies. Whether you're a sole trader, partner in a firm or a shareholder in a LLC, you will pay your debts.

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Mark Ruhindi

@MarkRuhindi

11 months

Met a lawyer friend and he said "I never miss your articles; If I ever face off with you,I'll use your arguments"😂 Another had told me partners at his firm asked them to keep tabs on my website,to read everything I post. What if I heed to @TonyNatif 's advice to paywall my stuff!

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Mark Ruhindi

@MarkRuhindi

5 months

Forceful VAT registration by URA amounts to a taxation decision in law and the taxpayer can mount a challenge against it. On the footing that the business indeed falls below the VAT threshold. If you need to better understand what a taxation decision is and the remedies

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Mark Ruhindi

@MarkRuhindi

5 months

INCOME TAX(AMENDMENT) BILL 2024: THERE'S A LIKELIHOOD OF DOUBLE TAXATION; LEGISLATIVE CONSIDERATIONS TO NOTE. There's a bad law that was rejected by parliament last year. It has now been sanitised and is back in another form. Read here via @MarkRuhindi

INCOME TAX(AMENDMENT) BILL 2024: THE LIKELIHOOD OF DOUBLE TAXATION OF REAL ESTATE AND OTHER...

My other observation is that the tax is likely to deflate the real estate industry since a lot of retirement and savings assets are channeled into the sector and might escalate the housing deficit …

mrt.tax

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Mark Ruhindi

@MarkRuhindi

10 months

A high performance mind thrives in a high performance body!💪😎

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Mark Ruhindi

@MarkRuhindi

8 months

Ugandan residential condominium property investments in the areas of Kira, Buwate, Namugongo and other villages closer to the city centre will continue to be a high yielding investment opportunity with robust growth potential in both revenue and capital gains for investors of

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Mark Ruhindi

@MarkRuhindi

1 year

If the BIYINZIKA business troubles story on Twitter has intrigued you. Here's an opinion that will arm you to the teeth. I guarantee you will avoid costly mistakes. 'Ugandan SMEs and the crucial role of a robust organizational culture at an early stage.'

UGANDAN COMMERCE AND GOVERNANCE; THE IMPORTANCE OF A ROBUST ORGANISATIONAL CULTURE FROM AN EARLY ...

This is the conundrum most Ugandan SMEs and young firms grapple with; Financial propriety, proper governance and risk control are neglected in the early years and this breeds a culture that later h…

mrt.tax

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