Uganda Revenue Authority has today raided WBS TV over pending taxes worth 7.2billion shillings which they have sidestepped for the last ten years.
In a press conference held at WBS headquarters in Naguru yesterday, the owner of the station Gordon Wavamuno confirmed this news by announcing that he had reached an agreement with URA to have his TV station run by a ‘receiver manager’ until the arrears owed to the tax body are cleared.
“We suffered a few difficulties in the running of the company starting a few years ago, but we have reached an agreement with URA to have a receiver take possession of the company until the tax body has recovered all its outstanding arrears,” Wavamunno said.
Kenneth Kabito Karamagi, a lawyer with Ligomarc Advocates is the new receiver manager and will first take up that position for the next 45 days in order to see the day to day running of the station until the tax body finds a solution to this problem.
The debts the TV station owes to URA include ‘Pay as you earn’ and ‘value added tax’ and both have been accumulating.
WBS TV is one of the oldest TV stations in Uganda and it has natured some of the best presenters in the industry including JKazoora, MC Esco Star, Straka Mwezi, Charles Oyimuke, Web Daniel, Andrew Luzze, Mark Ssali, Joseph Kabuleta, Allan Ssekamate, Midred Tuhaise among others.