IN BRIEF
- Mathew Kanyamunyu is the Quantum Logistics Managing Director
- He is in jail on charges of allegedly shooting and killing Kenneth Akena
- Uganda Revenue Authority shut down Quantum over tax arrears
As Mathew Kanyamunyu who is in jail over the murder of Kenneth Akena chills remains in custody, his logistics company is equally going through hurdles.
Uganda Revenue Authority (URA) has shutdown Kanyamunyu’s Quantum Express Logistics for failing to clear tax arrears amounting to 13 million shillings.
URA Assistant Commissioner of Public & Corporate Services, Vincent Seruma told this website on Wednesday afternoon that the tax body reached a decision of sealing off the business which is located in Bugolobi, a Kampala suburb after the owner showed no obligation of meeting his Memorandum of Understanding (MoU) with them.
He said initially the tax had accumulated to Shs 25 million, but after initial negotiations, Kanyamunyu paid off some amount of money save for the 13 million balance that was left outstanding.
“By the time we come to such levels of enforcement, then know that other methods had completely failed,” Seruma said.
He clarified that as URA, they try to engage the tax payer to meet his obligations before enforcement, an option they too gave Quantum Logistics
Asked whether it wasn’t witch-hunt for the authority to shut a business over a paltry shs 13m yet there are other firms in Uganda whose tax arrears have accumulated to billions, Seruma clarified, “the issue is not the closure, but the tax reliability one has.”
He explained that URA cannot close a tax payer’s business if he/ she expresses compliance to pay no matter how much.
When reminded that Kanyamunyu is incarcerated, Seruma wondered how the company is running, “I am sure the other MDs can take the obligation.”
He concluded that the company and URA are currently in talks. TrumpetNews will keep there readers updated on the new development.
