Greeks protest against tax hikes

From farmers to pharmacists, pain lies in store for Greeks across the board as the new government readies to raise taxes and rewrite the economic rule-book in line with tough reforms demanded by the country’s international creditors.

defenceWeb
Tanzania hikes defence spending
defenceWeb
The TNS Msoga. The Tanzanian government has increased its 2015/2016 defence budget by 30 per cent to sustain the recruitment and training of new soldiers and ongoing equipment acquisition. Presenting the new budget to parliament, Defence and ...

Budget team presses for salary hikes
Daily News
THE Parliamentary Budget Committee has been challenged to press the government to consider a pay rise and reduction of Pay-As-You-Earn (PAYE) for civil servants to boost efficiency. Speaking before the committee on Tuesday in Dar es Salaam, the ...

Tanzania in international tax law : Tax incentives for foreign investment—1  The Citizen Daily

Tanzania in international tax law : Tax incentives for foreign investment—2  The Citizen Daily

MANAGING TAX RISKS: Impact of virus crisis on tax collections  The Citizen Daily

In our last article we noted that tax planning is an arrangement of one’s financial affairs in such a way that, without violating in any way the legal provisions, full advantage is taken of all tax exemptions, deductions, concessions, rebates, allowances and other reliefs or benefits permitted under the tax laws so that the burden of taxation on the taxpayer is reduced or minimised.

“You can see how this number is big and bad enough is that these producers are not entitled to pay any tax” Robert Jarrin, Senior Executive, Sabmiller East Africa

Parliamentary Inquiry on the extent of tax evasion/avoidance, use of tax havens and illicit financial transfer has started

During its 10th annual conference, Southern Africa Development Community organization of Public Accounts Committees a resolution was passed that ” PACs or similar committees should encourage their member states to pass legislation to control the use of tax havens by companies and individuals in order to curb illicit money transfer and tax avoidance/evasion“.

The...