An agreement between the taxpayer and the government for purposes of tax exemption bind the TRA. Employees of Organizations covered by the bilateral treaty between the United States of America and the United Republic of Tanzania on Economic and Technical Cooperation are exempted from PAYE. Employers who are Non Profitable Organizations are exempted from Skills […]
FINANCE LAW AND SECURITIES LAW UPDATE. INVESTMENT IN GOVERNMENT SECURITIES IN TANZANIA
Types of Government Securities in Tanzania How to invest in Government Securities in Tanzania Benefits of investing in Government Securities in Tanzania Exploring whether non-residentscan invest in Government Securities in Tanzania 1.0 Introduction Government securities are instruments issued by the Government for the purpose of borrowing funds directly from the public with a guarantee to […]
FINANCE LAW UPDATE: CURBING MONEY LAUNDERING IN TANZANIA: A QUICK LOOK INTO THE ANTI-MONEY LAUNDERING (CROSS-BORDER DECLARATION OF CURRENCY AND BEARING NEGOTIABLE INSTRUMENTS) REGULATIONS, 2016
1.0 Introduction It is very normal for someone traveling in or out of the country to carry some form of money with them for their use. But did you know that there is a law, which governs threshold of money (be it currency or bearing negotiable instrument) one must declare when entering or departing from […]
FINANCE AND MINING LAW UPDATE: BANKING AND FINANCIAL SERVICES IN THE MINING SECTOR IN TANZANIA: UNDER THE SPOTLIGHT OF THE MINING (LOCAL CONTENT) REGULATIONS, 2018.
Salient provisions of the Mining (Local Content) Regulations, 2018 regarding procurement of banking and financial services by stakeholders in the Tanzanian mining sector Requirement to submit financial services sub-plan to the Tanzania Mining Commission The practical aspect of engaging foreign banks by mining stakeholders in Tanzania Mining stakeholders approach to the financial services requirements under […]
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