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Uganda taxman shames Gulf Energy for defaulting on Sh180 million

A Gulf Energy petrol station. [PHOTO: FILE/STANDARD]

Kenya’s fourth largest oil company by market share, Gulf Energy, has been named in Uganda Revenue Authority’s list of shame for defaulting on tax.

According to a public notice posted on Uganda Revenue Authority’s (URA) portal, the oil marketer owes the authority Sh180.5 million (6.3 billion Ugandan shillings) value added tax (VAT) and Income tax.

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