Contractual Payments - Regfollower

Tanzania presents 2025-26 budget, introduces withholding tax and higher AMT

17 June, 2025

The budget speech highlighted key fiscal changes, which included a new withholding tax, higher alternative minimum tax, and VAT adjustments. Tanzania's Minister of Finance, Mwigulu Nchemba, has presented the 2025-26 Budget Speech to parliament on

Annulment of contractors’ tax by US

21 November, 2011

The United States Congress has finally approved a legislation to repeal the 3% withholding tax on payments made to contractors providing services to government entities. The bill was passed in the House of Representatives on a bipartisan vote. When