All Payments within Tanzania to be made using Tanzanian Shillings (TZS)
The Finance Act, 2024 has amended the Bank of Tanzania Act to require all payments within Tanzania to be made using Tanzanian Shillings (TZS). This
The Finance Act, 2024 has amended the Bank of Tanzania Act to require all payments within Tanzania to be made using Tanzanian Shillings (TZS). This
The Excise (Management and Tariff) Act, (cap. 147) has been amended on the following: The deadline for filing excise duty return has been changed to
Taxation of Terminal Benefits in Tanzania Taxation of termination benefits which include payment of redundancy Payment or loss or termination of employment is guided by
VAT Exemptions VAT exemption on supply of aircraft and air craft maintenance to a local operator of air transportation; or air craft engine and air
Several amendments have been made on the Income Tax Act, (cap. 332) with an impact on foreign entities in Tanzania as shown below: It is