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As a confirmation that Uganda has so many good professionals whose competence is at the international level, 12 Uganda tax firms and consultancies have been named in the prestigious 2024 edition of ITR (International Tax Review) World Tax.

The annual World Tax Guide is a key resource in assisting tax professionals locate specialist advice. Each edition rates the tax expertise offered in various jurisdictions, giving tax executives the most comprehensive information about the market for tax advice.

Birungyi, Barata and Associates (BBA), a Ugandan tax advisory and law firm, has been ranked highly in the assessment. 

BBA has secured its position as the only firm in Uganda to be recognized by the ITR World Tax 2024 as an authority on transfer pricing.

This accolade highlights BBA's expertise and competence in a complex and vital area of taxation that involves determining the pricing of transactions within businesses and between subsidiaries operating under common control or ownership, spanning both domestic and cross-border transactions.

This comprehensive rating, considered the gold standard for evaluating the world's leading tax firms, is published by Legal Media Group, the legal publishing arm of Euro Money Institutional Investor Plc, one of Europe's largest business and financial information companies.

ITR World Tax plays a pivotal role in the global legal and financial landscape, offering an invaluable resource for tax professionals seeking specialized advice on tax-related matters across various jurisdictions.

This guide provides comprehensive rankings and profiles of the most effective tax practitioners worldwide, covering more than 140 jurisdictions on every continent.

These rankings encompass a wide array of disciplines, including law firms, consultancies, and advisory groups.

The comprehensive research process for the 2024 edition involved soliciting feedback from an extensive pool of sources, reaching out to more than 25,000 clients and over 4,800 practitioners.

Among the distinguished firms sharing the spotlight with BBA in the Ugandan tax landscape are industry giants like PwC Uganda, BDO East Africa, KPMG East Africa, Crowe Uganda AIA, Deloitte Uganda, Destiny Consultants, ENSafrica Uganda, Ernst & Young, Ligomarc Advocates, Mazars, and RSM Eastern Africa & RSM (Eastern Africa) Consulting.

Birungyi, Barata and Associates (BBA) was founded in 2003 and has steadily grown over the years to gain recognition from both local and international peers.

The firm has also garnered acclaim from esteemed legal-ranking entities such as IFLR 1000, Chambers and Partners, and Global Law Experts.

In a testament to its exceptional legal services, BBA was recently honored by CEO East Africa Magazine in its 2023 List of Top 25 Corporate and Commercial Law Firms.

BBA's wide range of solutions and areas of practice encompass tax, corporate & commercial law, banking & finance, employment & labor, energy & natural resources, immigration, intellectual property, litigation, arbitration, conveyancing, insolvency, and company secretarial services.

The firm's versatile expertise has extended to negotiating double taxation agreements on behalf of the Government of Uganda and drafting vital tax legislation.

BBA has been entrusted with numerous consultancy assignments within Uganda for various government ministries and bodies, as well as international organizations such as the EAC Secretariat, Trademark East Africa, GIZ, IFC, AFDB, the World Bank, and countries like Rwanda, Liberia, Nigeria, and Malawi.

Key sectors served by the firm include banking and finance, energy, telecommunications, manufacturing, conveyancing and real estate, construction, media, and insurance, as well as retail and wholesale.

The co-founders of the firm, Birungyi Cephas Kagyenda, and Enoch Barata, have individually received domestic and global recognition for their contributions to the legal profession.

Birungyi, who heads the firm's tax department, is widely regarded as one of Uganda's foremost tax experts.

What sets him apart is his unique twofold experience, with over 35 years in taxation, including 20 years as a taxman in government and 15 years as a tax attorney in private practice.