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Browsing: Taxing in Tanzania
Tax collection is pristine to Tanzania’s development landscape, that’s they the Tanzania Revenue Authority (TRA) is striving to forge a Tanzanian success story via revenue collection which rose by 66.7 per cent in four years.
TRA Deputy Commissioner General Mr. Msafiri Mbibo announced yesterday during a press conference in commercial-pulse Dar es Salaam that: during the last four financial years, Tanzania has collected over $25.3 billion, pinning the raise to taxpayers compliance, arguing that, it is a direct result of transparency in the authority’s operations and enhancing the overall tax administration system.
Tanzania has its fair share of taxing hurdles, just like any other African nation, as TRA pinpoints the weight of significant tax-paying lies on the shoulders of over 3 million taxpayers (by October 2019) in Tanzania, which rose from 2.2 million.
On the same note, on Sunday November 24, Tanzania’s President John Magufuli, highlighted on the importance of …
