By The Uganda Revenue Authority (URA) has announced new plans to intensify collaboration with virtual asset and blockchain industry players as the tax body prepares for the rapid growth of digital finance.
Speaking at the 2025 Kampala Blockchain Summit held Tuesday at Four Points Hotel, URA officials stressed the need for stronger regulatory clarity and improved tools to monitor crypto-related activity.
Latest
PWDs Say Gov’t Programmes Remain Out of Reach Despite Billions Spent
Police Warn of Deadly Election Violence as 2026 Campaigns Heat Up
UPDF Tests New Japanese Crop Technology to Boost Food Production
Uganda’s 40-Year War With HIV: From ‘Slim’ to Survival
Armed Attacker Raids Njeru Home, Escapes With Doctor’s Child
Police Unleash New Fleet to Tighten Grip on Election Security
One Killed, Several Injured As Police NUP Clash in Iganga
Commissioner for Tax Investigations, Agnes Nabwiire, said the authority is in the middle of a five-year digital transformation aimed at modernising tax administration and ensuring compliance in emerging sectors.
“When we see new technologies, we see where the next coins are coming from. We must adapt, join the conversation, identify taxation points, and collect what belongs to government,” Nabwiire said.
She pointed to ongoing upgrades simplified TIN registration, online tax clearance certificates, and pre-filled tax returns as part of efforts to make it easier for both traditional and digital-market taxpayers to meet their obligations.
Nabwiire also revealed that URA is aligning its systems with global tax transparency standards, including the Crypto Asset Reporting Framework (CARF). The framework will require countries to automatically exchange information on citizens holding crypto assets abroad starting in 2027.
“We already receive offshore account data from 127 jurisdictions, and similar transparency is coming for virtual assets. Our message is simple: prepare early and voluntarily disclose where necessary,” she said.
Now in its second edition, the summit was held under the theme “From Regulation to Growth: Uganda as a Regional Hub for Virtual Assets.” It attracted major regulators including the Bank of Uganda and the Financial Intelligence Authority alongside private-sector innovators driving the region’s digital economy.
Follow our WhatsApp Channel for more… https://whatsapp.com/channel/0029Vb6TpGqLtOjKB7S8OI3d
