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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 ...
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 ...
The Ministry of Finance is a government ministry of Tanzania. The Ministry of Finance in Tanzania plays a pivotal role in the economic governance of the United Republic of Tanzania. Established to manage the comprehensive financial affairs of the government, the ministry is tasked with overseeing revenue generation, expenditure, and financing ...
Website. www.ifm.ac.tz. The Institute of Finance Management (IFM) is a public Institute in Tanzania established in 1972. [1][2][3] It stands as the oldest higher learning financial institution in Tanzania. The institute has been involved in teaching, research, and consultancy. [4]
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 ...
Vehicle registration plates of Tanzania. Number plates of Tanzania date back to at least 1933 in Tanganyika and to the 1950s in Zanzibar. They are the same size as their British counterparts and used the same font until the late 1980s. Mainland Tanzania and Zanzibar use slightly different formats.