Why Mkuya should have resisted raising fuel tax

Finance Minister Saada Mkuya had every reason to resist the allure of increasing taxes on petroleum products. Presenting the 2015/16 Budget to the National Assembly on Thursday last week, she raised tax on petroleum products – a decision that will fuel further adjustments in the prices of petroleum products on July 1.

TheCitizen

Habari Zinazoendana

10 years ago

TheCitizen

16 Jun

Budget Committee cautions government on extra fuel tax

Dodoma. The Budget Committee has advised the government to remain cautious on how to solve the possible impact of increased fuel levy as it would raise cost of living.

 

11 years ago

TheCitizen

09 Jun

Give us an improved version of Sim card tax, Madam Mkuya

What I loved most about the 2013/14 Budget was how the Subscriber Identification Module (Sim) Card tax found its way into the national revenue and expenditure plan. The drama that came with it was quite compelling.

 

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

 

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

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.

 

10 years ago

TheCitizen

17 Jul

Tax relief enables beer producers to sell more Sparing drinks of tax rises positive

“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

 

11 years ago

Zitto Kabwe, MB

21 Apr

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

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...

 

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;

 

Share