URA ordered to refund GroFin Shs2.38 billion after years-long tax dispute

The Tax Appeals Tribunal has ordered the Uganda Revenue Authority (URA) to refund GroFin Africa Fund Uganda Limited Shs2.375 billion, bringing to a head a years-long dispute in which the tax body repeatedly deferred the company’s refund while conducting reviews, reconciliations and investigations. In a ruling delivered on August 20, 2026, the Tribunal also set aside URA’s March 2025 decision to…