MANAGING TAX RISKS :Tax incentives offered in Tanzania

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.

TheCitizen

Habari Zinazoendana

9 years ago

TheCitizen

03 Sep

MANAGING TAX RISKS : Tax incentives provided by law

Last week we covered some aspects of tax incentives including the fact tax incentives in Tanzania are not consolidated into one tax law but rather spread into various laws including the Income Tax Act, 2004; Value Added Tax Act, 2014;

 

9 years ago

TheCitizen

08 Oct

MANAGING TAX RISKS : Throwing light on tax planning opportunities for Tanzania firms

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.

 

5 years ago

The Citizen Daily

26 Mar

MANAGING TAX RISKS: Impact of virus crisis on tax collections

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

 

9 years ago

TheCitizen

05 Nov

MANAGING TAX RISKS : Shedding light on tax planning

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.

 

9 years ago

TheCitizen

17 Dec

MANAGING TAX RISKS: Taxes applicable to oil, gas Sector in Tanzania

Today we conclude this series of articles on taxes applicable to the oil and gas sector in Tanzania by looking at capital gain tax, stamp duty and other charges.

 

5 years ago

The Citizen Daily

20 Mar

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

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

 

5 years ago

The Citizen Daily

07 Mar

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

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

 

9 years ago

TheCitizen

12 Nov

MANAGING TAX RISKS :Taxes applicable to oil, gas sector

Tanzania has made significant natural gas discoveries of over about 55 trillion cubic feet. Production activities of some of these discoveries has already started. Oil exploration activities are also ongoing and there is a potential for more discoveries.

 

9 years ago

TheCitizen

19 Nov

MANAGING TAX RISKS : Taxes applicable to oil and gas sector

In our last article we noted that although some countries have a special fiscal regime for taxing the extractive sector including oil and gas, Tanzania does not have a special tax regime for the sector.

 

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