Local journalists form tax writers’ network

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Journalists form collaborative international networks to better report world news
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With a deadline looming, we had a major hole in our report about hunger in Africa. The missing piece was in Zanzibar, 8,000 miles from my base in Minneapolis. And I was powerless to do anything but worry. I had recruited five Tanzanian journalists to help ...

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

Tanzania in international tax law : Tax incentives for foreign investment—1  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.

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...

“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

As discussed in the previous article investment tax incentives in Tanzania are offered to lead and priority sectors including agriculture, Air Aviation, Commercial buildings, Banks, Export oriented projects, Manufacturing, Natural Resources e.g. Timber, Beekeeping, Fisheries, Tourism and Tour Operations, Radio and Television Broadcasting, Transportation etc. In this article we look at tax incentives offered in the agriculture and manufacturing sectors.

In our last article on tax planning we looked at ways of reducing the taxable income when exposed to withholding taxes. In this article we focus on payroll taxes and custom duties.