Reforming Tax Deductibility Rules for Banks’ Loan Loss Provisioning
By Dr. Straton Makundi Introduction The banking sector in Tanzania plays a major role in economic growth and financial stability. …
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By Dr. Straton Makundi Introduction The banking sector in Tanzania plays a major role in economic growth and financial stability. …
Taxation of termination benefits which include payment of redundancy Payment or loss or termination of employment is guided by section …
1.1 Alternative Minimum Tax Exemption to tea processing companies Change: Section 4(8) of the Income Tax Act, cap. 332 has …
1.1 Withholding Tax Exemption on Interest Payments Change: Section of 82 of the Income Tax Act has been amended to …
1.1 Withholding Tax to apply on rental payments for the use of construction equipment or machinery Change: Section of 82 …
1.1 Mineral right holders and the mineral dealers to set aside gold for processing Change: Section 59 of the Mining …
1.1 Inclusion of Health Services and Environmental Protection under charitable status Change: Section 64 of the Income Tax Act has …
Introduction The Tanzania Investment Centre grants Certificates of Incentives under authority conferred upon it by Part III, Section 17 (1-8) …
A FREE WEBINAR on tax implications of the Tanzania Budget for the year 2024 – 2025. Please click the link …
Introduction In April 2024, the International Accounting Standards Board (IASB) issued IFRS 18 Presentation and Disclosure in Financial Statements. IFRS …
By Straton Makundi Introduction Tanzania adopted International Financial Reporting Standards (IFRS) effective from July 2004. Commercial sector entities including insurance …
By Straton Makundi Introduction The International Accounting Standards Board (IASB) issued IFRS 17 Insurance Contracts which is effective for …