nahisi kuchanganyikiwa
hawa jamaa wamenitia kidole big time
kwa kodi sijui kama nitatoboa ina maana nijipange upya
hii nchi hii, hali watu wa migodi wanatanua na tax holiday
hapa itakuwa mwendo wa daladala
Hata ukiwa na gari sasa hivi haisaidii maana at some point in time u will need to buy another one.kama ni kweli kama mtu hana gari ss vi itakua issue kuagiza gari...tunakwenda wapi jamani!!!
TRA has recently developed its new method of determining Imported Used Motor vehicle, the new methos is based on the Current Selling Price List (CSRP) and Local market bases for exceptions.
TRA has developed a database which has prices of all MV model when there are manufactured, this price will be reduced to a maximum of 70% for vehicles manufactured 10 years ago, the 30% of the original price when the car was new will be used as FOB for Tax calculation purpose.
For example, Toyota Vitz which is now sold in at FOB of $1,700 was sold $20,000 when manufactured in Japan in 2003, you need to less a depreciation of 60% (2003 depreciation), the current FOB for tax calculation will therefore be $20,000x40%= $8,000. This will be used as an FOB and tax will be calculated thereon as usual. Assuming a rough tax of 30% as import duty, there is an increase of $(8000-1700)x30%= $1,890 of tax from current practice, this is nearly 1,890x1600=3m in Tshs....Amazing huh
This new method will start to operate in July 1 2011, for more details visit Tanzania Revenue Authority - Valuation Calculator for Used Motor vehicles and CRSP List guess they wanna raise more money huh
TRA has recently developed its new method of determining Imported Used Motor vehicle, the new methos is based on the Current Selling Price List (CSRP) and Local market bases for exceptions.
TRA has developed a database which has prices of all MV model when there are manufactured, this price will be reduced to a maximum of 70% for vehicles manufactured 10 years ago, the 30% of the original price when the car was new will be used as FOB for Tax calculation purpose.
For example, Toyota Vitz which is now sold in at FOB of $1,700 was sold $20,000 when manufactured in Japan in 2003, you need to less a depreciation of 60% (2003 depreciation), the current FOB for tax calculation will therefore be $20,000x40%= $8,000. This will be used as an FOB and tax will be calculated thereon as usual. Assuming a rough tax of 30% as import duty, there is an increase of $(8000-1700)x30%= $1,890 of tax from current practice, this is nearly 1,890x1600=3m in Tshs....Amazing huh
This new method will start to operate in July 1 2011, for more details visit Tanzania Revenue Authority - Valuation Calculator for Used Motor vehicles and CRSP List guess they wanna raise more money huh
vipi kuhusu wale wa excemption kama walimu?hii system haiwaathiri?TRA has recently developed its new method of determining Imported Used Motor vehicle, the new methos is based on the Current Selling Price List (CSRP) and Local market bases for exceptions.TRA has developed a database which has prices of all MV model when there are manufactured, this price will be reduced to a maximum of 70% for vehicles manufactured 10 years ago, the 30% of the original price when the car was new will be used as FOB for Tax calculation purpose. For example, Toyota Vitz which is now sold in at FOB of $1,700 was sold $20,000 when manufactured in Japan in 2003, you need to less a depreciation of 60% (2003 depreciation), the current FOB for tax calculation will therefore be $20,000x40%= $8,000. This will be used as an FOB and tax will be calculated thereon as usual. Assuming a rough tax of 30% as import duty, there is an increase of $(8000-1700)x30%= $1,890 of tax from current practice, this is nearly 1,890x1600=3m in Tshs....Amazing huhThis new method will start to operate in July 1 2011, for more details visit Tanzania Revenue Authority - Valuation Calculator for Used Motor vehicles and CRSP List guess they wanna raise more money huh