tax

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.

View More On Wikipedia.org
Recent contents
  1. A

    JamiiForums Tanzania Still haven't filed your 2025 income tax return? Every month of delay costs your company more.

    As of now, there are CEOs of the companies who have not yet filed their income tax returns for the year ended 31st December 2025 instead, they have been left asking themselves numerous questions without clear answers… VERY INTERESTING… (i). The company is going through the financial crisis...
  2. A

    JamiiForums Tanzania KERO Kadi za Sea taxi tunazotumia kuvuka Kigamboni zimekuwa zikikatwa hela bila ya kuwa tumetumia

    Wakazi wa Kigamboni na watumiaji wa Sea Taxi tumekuwa tukikumbana na changamoto ya salio kupotea kwenye kadi zetu. Mara nyingi unaweka, kwa mfano, shilingi 1,000 asubuhi ukitarajia zitakutosha kwa safari ya kwenda na kurudi, lakini unapofika jioni mashine inaonesha huna salio. Tatizo hili...
  3. A

    JamiiForums Tanzania CEO note this, before paying additional tax, ask one critical question. Is the assessment accurate? A tax objection gives you the answer.

    If you’re not satisfied by the commissioner general’s decisions made still you have a room to file objection against those decisions. It gives you formal legal opportunity to challenge an incorrect or excessive tax assessment issued by the TRA. These are the substantive benefits you will obtain...
  4. Archival Sense

    JamiiForums Tanzania, JamiiForums Uganda Museveni Rejects Two Tax Bills Over Betting Tax and Plastic Levy

    President Yoweri Museveni has declined to assent to the Income Tax (Amendment) Bill, 2026 and the Excise Duty (Amendment) Bill, 2026, sending them back to Parliament for reconsideration after raising concerns that some of the proposed tax measures would create unfair competition, encourage tax...
  5. A

    JamiiForums Tanzania This message is for those who did not file their 2025 Income Tax Return by the 30 June 2026

    If your company failed to submit its Income Tax Return by 30 June 2026, you should be aware that is liable to a late filing penalty of TZS 300,000 for each month the return remains outstanding. This penalty is imposed pursuant to Section 89 (1) of the Tax Administration Act, Cap. 438 (R.E...
  6. R

    JamiiForums Tanzania Why Public-Private Partnerships Need a Progressive Tax Administration System

    Introduction The Government of the United Republic of Tanzania is currently placing significant emphasis on the promotion of Public-Private Partnerships (PPPs) as a strategic vehicle for accelerating economic growth and development. Through various policy initiatives, legislative reforms...
  7. R

    JamiiForums Tanzania Where is the Presidential tax reforms commission’s report?

    As much as I appreciate the efforts of the Ministry of Finance in its pursuit of domestic resource mobilization, I remain concerned about the implementation of the recommendations made by the Presidential Tax Reforms Commission. When the Commission was inaugurated by the President, considering...
    • Respicius Mwijage
    • Thread
    • political right to petition political science presidential tax reform commision report tax where
    • Replies: 4
    • Forum: Jukwaa la Siasa
  8. O

    JamiiForums Kenya, JamiiForums Tanzania New Tax Filing Dates Explained by CS Mbadi Amid Finance Bill Debate

    Treasury Cabinet Secretary John Mbadi has defended a proposal in the Finance Bill 2026 that seeks to shorten the period within which taxpayers file annual income tax returns, saying the move is intended to improve tax administration efficiency and not to burden taxpayers. Under the current...
  9. A

    JamiiForums Tanzania Have you filed your income tax return for the year ended 31 December 2025, or are you already liable to pay penalties?

    As of now, there are CEOs of the companies who have not yet filed their income tax returns for the year ended 31st December 2025 instead, they have been left asking themselves numerous questions without clear answers… VERY INTERESTING… The company is going through the financial crisis still...
  10. kilio

    JamiiForums Tanzania Utajuaje mwajiri anapokata PAYE (TAX) anawasilisha TRA?

    Mim ni Mtanzania pekee nafanya kazi katika kampuni ya kihindi lakini imetokea nje. Kapuni hii ilishinda tenda ya kutengeneza mfumo katika taasisi ya serikali. Kutokana na changamoto kati ya yeye na taasisi ya serikali, mambo siyo mazuri. To be honest project inahitaji mtaji mkubwa sana na...
  11. A

    JamiiForums Tanzania KERO 25.6% ya makato kwa Madereva wa Tax Mtandaoni ni kutunyonya sana, hali hiyo inatuumiza

    25.6% ya makato kwa Madereva wa Tax Mtandaoni ni kutunyonya sana, hali hiyo inatuumiza Madereva wa Tax Mtandaoni tunanyonywa sana hasa Kampuni ya Bolt inakata kamisheni 25.6% katika kila safari jambo inaumiza sana na ukizingatia kutokana na uhaba wa ajira vijana wengi tumeamua kujiajiri lakini...
  12. O

    JamiiForums Kenya, JamiiForums Tanzania “Ukishinda Dunia, Serikali Inashinda Pesa Yako — Sawe Tax Saga Yaibua Hasira Kenya

    “Hata Mabingwa Hawaponi!” — Sawe Tax Saga Yafungua Macho ya Wakenya Kuhusu Mzigo wa Ushuru Unaowakandamiza Wananchi Mjadala mkali umeibuka nchini baada ya taarifa kuwa marathon star alikatwa karibu KSh 18 million kama tax kutoka kwa winnings zake za zaidi ya KSh 48 million baada ya mashindano...
  13. Da Dona

    JamiiForums Tanzania, JamiiForums Uganda Museveni Proposes Scrapping PAYE Tax for Scientists

    Kampala, Uganda: President Yoweri Museveni has proposed the removal of Pay As You Earn (PAYE) tax on scientists’ salaries, arguing that the move would accelerate Uganda’s economic transformation through innovation and research. He remarked this during the launch of Uganda’s first locally...
  14. O

    JamiiForums Kenya, JamiiForums Tanzania KRA Issues April 30 Deadline to Clear 2025 Tax Arrears or Face Penalties

    The Kenya Revenue Authority has warned taxpayers to clear all outstanding 2025 tax arrears by April 30, 2026, or risk penalties and interest charges on unpaid balances. According to the tax authority, while June 30 remains the deadline for filing annual tax returns, April 30 is the key cut-off...
  15. Yesha

    JamiiForums Tanzania Zimbabwe Targets Influencers in New Tax Crackdown as Digital Earnings Come Under Scruti

    Zimbabwe’s fast-growing influencer economy is facing a major regulatory shift, as authorities move to bring online earnings into the formal tax system. The Zimbabwe Revenue Authority (ZIMRA) has issued a warning to social media influencers and digital content creators earning income from...
  16. Eronda

    JamiiForums Tanzania, JamiiForums Uganda Parliament approves 30% Tax on Second Hand Clothes

    In a bid to curb the dumping of Worn out goods and encouraging local textile manufacturing, the government has approved a 30% tax on Second hand clothes and items. Amos Kankunda, Chair person of the Committe on Finance stated that the move is part of the broader government strategy to phase...
  17. O

    JamiiForums Kenya, JamiiForums Tanzania Bankers Push for Tax Relief to Ease Pressure on Salaried Kenyans

    Kenya’s banking sector is urging the government to introduce broader tax relief measures for salaried workers, warning that the current tax burden is straining households and slowing economic growth. The Kenya Bankers Association has proposed a 5% reduction in Pay As You Earn (PAYE) tax across...
  18. Da Dona

    JamiiForums Tanzania, JamiiForums Uganda Tax Proposals Set to Hit Hard

    According to government revenue mobilisation targets, Uganda aims to collect 18% of its GDP, translating to approximately UGX 40 trillion annually from both direct and indirect taxes. However, questions persist about the efficiency and transparency of how these funds are utilised.(NTV Uganda)...
  19. R

    JamiiForums Tanzania THE PRESIDENTIAL TAX REFORMS COMMISSION ‘A defining moment now awaiting POLITICAL WILL’

    Introduction The 18th of March 2026 will undoubtedly be remembered as a landmark day in Tanzania’s fiscal and economic history. On this day, the Presidential Commission on Tax Reforms presented its long-awaited report an event that has rekindled national optimism for a fairer, more efficient...
  20. A

    JamiiForums Tanzania Do you know that when related party transactions exist in your business, the tax return and transfer pricing documentation must move together?

    Section 7 (1) of Tax Administration (Transfer Pricing) Regulation Cap. 439 requires every person participating in a controlled transactions shall prepare contemporaneous Transfer Pricing documentation The penalty for not having the transfer pricing documentation in place is imprisonment for a...

Our Community

Coming Soon

Regional Communities

Coming Soon
Back
Top Bottom
Menu
Forums
New posts
Log in
Register