Understanding the taxation of branches in Tanzania is crucial for any business considering expanding into the region. Tanzania’s tax system, …

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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 …

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 …