The Tanzanian Government has published the Finance Act, 2019 in the Official Gazette on 30 June 2019 and it became effective from 1 July 2019. On 13 June 2019, Philip Mpango, the Finance Minister, presented the Budget for financial year (FY) 2019/2020 to the National Assembly and it has been passed by the National Assembly on 27 June 2019.
Related Posts
The Czech government has authorised the signing of an income tax treaty with Tanzania on 21 August 2024. This income tax treaty aims to eliminate double taxation concerning taxes on income or concerning taxes on income and capital in force
Read More
On 15 June 2023, the Finance Minister presents the Budget for 2023/24 to the Parliament providing a comprehensive overview of the tax and associated measures, as well as the suggested priorities and changes for various sectors. The main tax
Read More
On 24 April 2023 the IMF issued a report following the first review of the extended credit facility (ECF) Arrangement and the 2023 Article IV Consultation with Tanzania. Tanzania’s economic reform program is continuing well despite the
Read MoreOn 28 June 2022, the National Assembly approved Finance Bill 2022 which contains the measures of the Budget for 2022/23. The Finance Act 2022 was published on 30 June 2022 in the Tanzanian Official Gazette. This Act shall come into operation on 1
Read MoreOn 14 June 2022, the Finance Minister presents the Budget for 2022/23 to the National Assembly. This Budget highlights presents a summary of the tax and related regulatory changes. The Budget Bill is now subject to the President’s sign to become a
Read MoreOn 12 June 2021, the National Assembly published the Finance Bill 2021, which contains the measures of Budget for 2021/22. This Act shall come into operation on 1 July 2021. The Bill proposed the following things: The definition of the term
Read More
