A tax is a compulsory financial charge or some other type of levy imposed on a taxpayer (an individual or legal entity) by a governmental organization in order to fund government spending and various public expenditures. A failure to pay, along with evasion of or resistance to taxation, is punishable by law. Taxes consist of direct or indirect taxes and may be paid in money or as its labour equivalent. The first known taxation took place in Ancient Egypt around 3000–2800 BC.
Most countries have a tax system in place to pay for public, common, or agreed national needs and government functions. Some levy a flat percentage rate of taxation on personal annual income, but most scale taxes based on annual income amounts. Most countries charge a tax on an individual's income as well as on corporate income. Countries or subunits often also impose wealth taxes, inheritance taxes, estate taxes, gift taxes, property taxes, sales taxes, use taxes, payroll taxes and/or tariffs.
In economic terms, taxation transfers wealth from households or businesses to the government. This has effects that can both increase and reduce economic growth and economic welfare. Consequently, taxation is a highly debated topic.
“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%)...
♻️ Kwa kuzingatia wigo mdogo wa walipa kodi ktk nchi yetu dhidi ya idadi kubwa ya wananchi..
♻️ Kufuatia deni la taifa kuongezeka kila leo..
Kufuatia mtikisiko wa thamani wa fedha yetu..
♻️ Kufuatia ukwasi mkubwa wa taasisi za kidini kupitia mapato ya Sadaka,dhaka,mafungu ya kumi..Malimbuko...
Habari zenu,
Naomba msaada kuhusu hili swala. Babaangu mzazi anataka abadilishe nyumba yke aeke kwa jina ya mama kama kutransfer sasa shida inkuja imefika hatua ya TRA wao wanadaii lzima ilipwe tena 10% syo 3% ya capital gain kisa file limefunguliwa 2022 ila tngu hpo hkuna malipo ilofanyika. Na...
Akijibu swali la Mbunge Esther Matiko aliyehoji kuhusu uwepo wa malalamiko ya Wastaafu kucheleweshewa mafao yao kutokana na sababu mbalimbali, Waziri wa Ulinzi na Jeshi la Kujenga Taifa, Dkt. Stergomena Lawrence Tax amesema Wastaafu wanaohusiana na Wizara yake hakuna malimbikizo na wanaendelea...
Greetings, this evening I had a thought about something called Tax that came to my mind
I think the biggest scam in life is paying taxes on the money we make, paying taxes on the money we spend, and taxes on the things we own, that we already paying taxes on, with already taxed money 🥴
My...
In a previous article, I highlighted several critical areas within Tanzania's tax statutes that require immediate attention and amendment, especially as the national budget is currently under discussion in Parliament and the Finance Act, 2024 is on the verge of enactment. One crucial area that...
Tunadanganyan sana ikifika swala hili,nikazi kwa uchumi wa nchi kukua kama bidhaa inayozarishwa nchini iko juu kifedha kulinganisha na ile inayoingia kutoka nje.
KWANINI- Sababu bidhaa ya ndani ikipelekwa nje inaenda kuuzwa kwa dollar hivyo kuongeza mzunguko wa fedha za kigeni nchini kitu...
In her recent address on IDD-EL-FITRI day, President Samia Suluhu Hassan delivered a compelling call to action for all Tanzanians. She implored citizens to actively engage in preventing the evasion of lawful taxes and underscored the significance of employing Electronic Fiscal Devices (EFD) for...
Waziri wa Ulinzi na Jeshi la Kujenga Taifa, Dkt. Stergomena Lawrence Tax, Machi 31, 2024 ameungana pamoja na Waumini wa Dini ya Kikristu katika ibada ya kusherekea Sikukuu ya Pasaka katika Kigango cha Shishani, kilichopo Parokia ya Mtakatifu Kizito Kabila, Magu, chini ya Jimbo Kuu la Mwanza...
Waziri wa Ulinzi na Jeshi la Kujenga Taifa Dkt. Stergomena Tax, Machi 14, 2024 ameshiriki katika hafla ya kufunga mafunzo ya utayari dhidi ya dharura za kemikali na mionzi, ambapo Mgeni rasmi alikuwa Waziri Mkuu wa Jamhuri ya Muungano wa Tanzania Mheshimiwa Kassim Majaliwa. Sambamba na Ufungaji...
Waziri wa Ulinzi na Jeshi la Kujenga Taifa, Stergomena Lawrence Tax ametembelea Chuo cha Ukamanda na Unadhimu wa Jeshi kilichopo eneo la Duluti Mkoani Arusha na kujionea kazi zinazotekelezwa na chuo hicho.
Correspondent in Zambia
The African Tax Administration Forum (ATAF) disclosed that additional tax assessments totalling USD 4.75 billion have been recorded since 2016. Of this sum, USD 1.92 billion was collected from audits conducted in member countries. Specifically, in 2023, the forum...
Wale wana walioshinda kule Marekani TRA Tanzania inawasubiri kwa hamu, hela walizoshinda zitakatwa kodi ya 30%, yaani mtu ambae hajaruka sarakasi hata moja anakinga mkono apewe 30%. Akishaichukua wenyewe ndio wagawane 50% each kwenye kilichobaki.
600m-180m inabaki 420m, wakishapata hiyo...
Position: Assistant Accountant
Industry: Hospitality/Hotel Industry
Location: Tanzania
About Us:
We are a leading name in the hospitality industry, renowned for delivering exceptional guest experiences. With a commitment to excellence, innovation, and customer satisfaction, we are looking for...
“A CALL FOR REFORM”
1.0 Introduction
Time is of the essence, especially in the realm of tax disputes where financial stability and regulatory compliance hang in the balance. In Tanzania, the issue of inadequate time consciousness in determining tax disputes has become a cause for concern...
Balozi wa India Nchini Tanzania Amuaga Rasmi Waziri wa Ulinzi na JKT, Mhe. Dkt. Stergomena Tax
Tarehe 03 Januari, 2024 Balozi wa India nchini Tanzania, Mheshimiwa Binaya Srikanta pradhan amemtembelea Waziri wa Ulinzi na JKT, Mheshimiwa Dkt.Stergomena Lawrence Tax (Mb), ofisi kwake Upanga...
Naomba kuuliza
Wiki iliyopita huku nyanda za kaskazini nilienda TRA kwa ajili ya kupata TIN number na tax clearance ya kampuni, baada ya kulipa rental tax na stamp duty nikaambiwa nitafute muhasibu aniandalie provisonal return statement ndo nitapata tin number pamoja na tax clearance.
Au nimpe...
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