ministry for finance

The Closure of EFD Machines and its Impact on Tanzanian Taxpayers The Tanzania Revenue Authority (TRA) holds a vital role in our nation's progress, tasked with the essential duty of collecting and accounting for government revenue through taxes. This responsibility, however, should be executed...

Introduction Almost a decade ago, Tanzania embraced the Public-Private Partnership (PPP) model, heralding it as a transformative approach to boost infrastructure development, spur economic growth, and improve public services. The PPP framework was codified into law, supported by a dedicated...

“A Pillar of Fairness and Trust” Introduction During the swearing-in ceremony for newly appointed government officials, President Hon. Samia Suluhu Hassan emphasized the significant responsibilities of the newly appointed Commissioner General of the Tanzania Revenue Authority (TRA). In her...

“A CALL TO ACTION FOR TAX DISPUTE RESOLUTION” President Samia Suluhu Hassan has been steadfast in her commitment to economic growth and stability for Tanzania. During a recent event in Zanzibar, where new government appointees were sworn in, she emphasized the importance of enhancing government...

Introduction Tanzania's current tax regime, characterized by a multitude of taxes and high rates, poses significant challenges for businesses and individual entrepreneurs. The array of taxes includes Import Duty (25%), VAT (18%), Excise Duty (10%), Rail Duty (5%), Corporate Tax (30%)...

Introduction In his recent budget presentation, the Minister for Finance, Dr. Mwigulu Nchemba, emphasized the crucial role of withholding tax compliance by taxpayers. This underscores the importance of ensuring that all taxpayers adhere strictly to tax regulations. With the Parliamentary budget...