- Nov 14, 2006
NHC bid for tax exemption rejected
Kumbe viongozi wetu huwa wanaonana kwenye mikutano ya hadhara tu na kujadili sera za kufanya. ..............au pengine walitaka kuumbuana?MASEMBE TAMBWE in Lindi said:
Daily News; Sunday,November 18, 2007 @00:05
PRESIDENT Jakaya Kikwete yesterday said that the National Housing Corporation (NHC) as a corporate body would not be granted tax exemption.
Mr Kikwete was responding to a request by the Minister for Lands, Housing and Human Settlements Development, Mr John Magufuli, who suggested that the corporation would have faired well had it received tax exemption. As head of government, tax exemption for any corporation is something that cannot be entertained, he said. Instead, the president proposed for a review in the housing law so that NHC could apply for a Tanzania placement certificate from Tanzania Investment Centre.
Mr Kikwete also advised that there should be a review in the law concerning mortgage and rents.
He said that if the law incorporated this, more people would be allocated houses. Speaking before laying the foundation stone at the NHC site in Ruangwa District, Mr Magufuli said that had there been tax exemption for NHC more houses would have been built in the country. Mr Magufuli said the NHC spent 1.2bn/- on corporate taxes in 2006 and projected to spend 2.4bn/- in 2007. If the government could exempt us from corporate taxes, we would no doubt build more houses, he said. President Kikwete today winds up his weeklong tour of Lindi Region.
Soma hapa................Alisema fedha hizo za kodi zinategemewa na serikali kwa shughuli mbalimbali zikiwemo ujenzi wa barabara.
Alishauri shirika hilo kujiandikisha katika Kituo cha Taifa cha Uwekezaji (TIC) kama wawekezaji ili wapate nafuu ya kodi..............