Widening the scope of Income Tax exemption. Granting power to the Minister to grant Exemption on strategic projects without Approval of the Cabinet for specified threshold. Reduction of the minimum Pay As You Earn rate for employees. Enabling depreciation costs calculation on the cost of assets used in international pipelines. Exemption of Skills Development Levy […]
FINANCE LAW UPDATE: BREAKTHROUGH ATTORNEYS’ OVERVIEW OF THE TANZANIA’S BUDGET FOR THE FINANCIAL YEAR 2021/2022
Performance evaluation of the 2020/2021 budget The macroeconomic policy targets. Government’s Policy and Strategies to increase Revenue in 2021/2022. Our comparative highlight with the policy to remedy and cushion the economy from COVID-19 impact Priority areas include industrialization and promotion of trade and investment. Proposed changes to improve Employees’ welfare. The Government proposes amendments of […]
BREAKTHROUGH ATTORNEYS’ OVERVIEW OF THE TANZANIA’S BUDGET FOR THE FINANCIAL YEAR 2020/2021
1.0 Introduction 2.0 Fiscal Policies for 2020/21- Macroeconomic Policy Targets 3.0 Policy and Strategies to Increase Revenue for the year 2020/21 4.0 Expenditure Policies for the year 2020/21 5.0 Priority Areas for 2020/21 6.0 Reforms of the Tax Structure, Fees, Levies and other Revenue Measures 7.0 Budget Structure for the Year […]
Real Estate Investment Trusts (REITs); Volume 1: Investing in Real Estate Investment Trusts
The concept behind Real Estate Investment Trusts (REITs) The law behind REITs in Tanzania Regulation and Operations of REITs in Tanzania Introduction: REITs stands for Real Estate Investment Trust which essentially is an income generating real estate ownership system, based on some sort of equity holding in an entity which conducts such real estate development. […]