Search results
Results From The WOW.Com Content Network
The current corporation tax rate is 30% and 10% for new assemblers of vehicles, tractors and fishing boats for the initial 5 years from commencement of operation. Income of companies newly listed on the Dar es Salaam Stock Exchange (DSE) is taxed at 25% [6] or three consecutive years.
Tanzania Revenue Authority Act, 1995. Website. www.tra.go.tz. The Tanzania Revenue Authority (TRA) is a semi-autonomous Government Agency of the United Republic of Tanzania. It was established by the Tanzania Revenue Authority Act, CAP. 339 in 1995 and started its operations on the 1st of July 1996. It is headed by the Commissioner General.
International taxation is the study or determination of tax on a person or business subject to the tax laws of different countries, or the international aspects of an individual country's tax laws as the case may be. Governments usually limit the scope of their income taxation in some manner territorially or provide for offsets to taxation ...
Download as PDF; Printable version; Help ... Taxation in Tanzania; T. Tanzania Revenue Authority This page was last edited on 22 March 2022, at 09:32 (UTC). ...
The economy of Tanzania is a lower-middle income economy [23][24] that is centered around Manufacturing, Tourism, Agriculture, and financial services. [25] Tanzania 's economy has been transitioning from a planned economy to a market economy since 1985. Although total GDP has increased since these reforms began, GDP per capita dropped sharply ...
A narrower view of the theory of taxation reduces the system to two issues: who can pay and who can benefit (Benefit principle). Influential theories have been the ability theory presented by Arthur Cecil Pigou [2] and the benefit theory developed by Erik Lindahl. [3][4] There is a later version of the benefit theory known as the "voluntary ...
History of Tanzania. The modern-day African Great Lakes state of Tanzania dates formally from 1964, when it was formed out of the union of the much larger mainland territory of Tanganyika and the coastal archipelago of Zanzibar. The former was a colony and part of German East Africa from the 1880s to 1919 when, under the League of Nations, it ...
Tanzania is a member of the International Monetary Fund (IMF) with a current quota of US$551.35 million (397.8 million SDR ), [1] and is a part of the South Africa and Nigeria led constituency with a totaling voting share of 2.97%. [2] The IMF has been involved in Tanzania's economy since the 1970s.