Abolition of annual motor vehicle license and increase of excise duty on fuel. Abuse of charitable status by charitable organizations addressed. Withholding tax to small and medium scale miners. Emphasis on Government e-payment system (GePG). Abolition of VAT on transit goods to be consumed outside Tanzania. The Finance Bill, 2017 (“The Bill”) dated 2nd June, […]
Archives for June 2017
THE GOVERNMENT OF TANZANIA BANS TRANSPORTATION OF MINERALS DIRECT FROM MINE SITES AND NOTABLE LEGAL ISSUES.
The stand from the Budget presented by the Minister for Finance and Planning, Hon. Dr. Philip Mpango A hint on the effect of the reports from the 1st and 2nd Committees on exportation of mineral concentrates A highlight of the mining legislation’s reviews and enactments in the recent years The Minister for Finance and […]
Transfer of Foreign Currency from Tanzania; The Governing Law and Procedure
• Impact of the centralized economy on foreign currency transfers. • Roles and Responsibilities of the Banks, Financial Institutions and Authorized Cash Dealers. • Bureau De Change vested with a new role of foreign currency transfer. • Transfer of Foreign Currency by Investors. • Limit of Foreign Currency to Residents travelling abroad. • Financial Crimes […]