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Oil, gas sector not standards-compliant: study

Studies conducted on nine oil and gas exploration companies operating in Tanzania show that there is a general lack of compliance to international standards on preparation of corporate social responsibility (CSR) policies. Best practices show that communities must be involved, a consultant has said.

TheCitizen

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Habari Zinazoendana

9 years ago

TheCitizen

New database launched for openness in gas, oil sector

Tanzanians can now access information related to oil and gas sector, thanks to a transparency tool launched yesterday in efforts to improve the sector’s governance.

 

9 years ago

TheCitizen

MANAGING TAX RISKS :Taxes applicable to the oil, gas sector

In our series of articles on taxes applicable to the Oil and Gas sector we have noted that the taxes applicable to the Oil and Gas industry include income tax which includes corporate income tax, withholding taxes, employment taxes; capital gain tax; Value Added Tax (VAT); Customs Duty; Excise Duty; Fuel Levy and Stamp Duty etc.

 

9 years ago

TheCitizen

MANAGING TAX RISKS : Taxes applicable to oil, gas sector

In our previous articles on taxes applicable to the Oil and Gas sector we have already noted that the taxes applicable to the Oil and Gas industry include income tax which includes corporate income tax, withholding taxes, employment taxes; capital gain tax; Value Added Tax (VAT); Customs Duty; Excise Duty; Fuel Levy and Stamp Duty etc.

 

9 years ago

TheCitizen

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.

 

9 years ago

TheCitizen

MANAGING TAX RISKS : Taxes applicable to the oil, gas sector

In our last article we noted that the taxes applicable to the oil and gas sector include the income tax which includes corporate income tax, withholding taxes and employment taxes.

 

9 years ago

TheCitizen

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

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

Michuzi

Stanbic bank hosts breakfast session to discuss opportunities in the Mozambique Oil and Gas sector to promote industrialization

Standard Bank Head of Oil and Gas Paul Eardley-Taylor speaking about the opportunities resulting from Mozambique Liquefied Natural Gas project, during a breakfast session held in Dar es Salaam, recently. Stanbic Bank is committed to facilitating investment in the oil and gas sector to promote industrialization and economic growth.

 

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