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The Role of Accountants in Managing Transfer Pricing Tax Audits

The Role of Accountants in Managing Transfer Pricing Tax Audits

The understanding by Accountants of their roles in managing transfer pricing tax audits conducted by the tax authority is very …

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Deadline reminder

Investing in Tanzania

Tanzania is a country established in 1964 through the union of Tanganyika and Zanzibar. Geographically, Tanzania is bordered by eight …

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Tanzania currency

Business Accounting and Auditing

The Tanzania Companies Act, 2002 requires every company to undertake accounting of the company affairs i.e., prepare financial statements in the form of balance …

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Audit services in Tanzania

Registration of Companies in Tanzania

The Companies Act, 2002 allows registration of three types of companies in Tanzania. These are private companies, public companies and …

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Tanzania Tax system

The Tanzania Tax System

The Tanzania tax system is made up of the following major taxes: Corporate and Personal Income Taxes, Payroll taxes and …

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How Well are Taxpayers Prepared for a Transfer Pricing Audit by the Tax Authority?

Should you import services?

Just like goods, services play an important role in business. Think of consultancy, IT, management, training, and many others. A …

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tax challenges

Tackling intra-Union tax challenges – (5)

Last week, we discussed the existing disparity of levying Value Added Tax (VAT) on financial services between Tanzania Mainland and …

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Tackling intra-Union tax challenges – (4)

My previous three articles served as general highlights on Value Added Tax (VAT) challenges between Tanzania Mainland and Zanzibar. I …

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Tackling intra-Union tax challenges – (3)

This article continues the discussion on the existing disparities of levying Value Added Tax (VAT) between Tanzania Mainland and Zanzibar. …

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Tackling intra-Union tax challenges

Tackling intra-Union tax challenges

With almost 57 years of existence, the Union between Tanganyika and Zanzibar (forming the United Republic of Tanzania) is, perhaps, …

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He is gone, but his legacy triumphs

In this world, nothing can be said to be certain, except death and taxes (Benjamin Franklin, 1706-90). But very, unfortunately, …

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tax estimates

Getting your 2021 tax estimates right as deadline looms

While individuals who are employed traditionally have their income tax withheld from their paychecks, individuals in business and entities must …

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