In January 2023, URA signed Memorandum of Understanding (MoU) with the Uganda Gold refiners, Exporters, and Dealers Association.^[1] The MoU is aimed at streamlining the regulation of gold trade in the country and enhancing coordination in information sharing to increase tax compliance. This MoU is one of the channels Government seeks to increase the Revenue to GDP ratio from 15.6 % to 18 % by 2025.