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June 22, 2022 By Breakthrough Attorneys

FINANCE LAW UPDATE: BREAKTHROUGH ATTORNEYS’ OVERVIEW OF THE TANZANIA’S BUDGET FOR THE FINANCIAL YEAR 2022/2023.

Our Tax Department at Breakthrough Attorneys has prepared this general overview of the budget for the financial year 2022/2023 highlighting the estimates of the Government’s revenue and expenditure for 2022/2023.

June 22, 2022

February 11, 2022 By Breakthrough Attorneys

TAX LAW UPDATE: PROCEDURES FOR VAT EXEMPTION IN TANZANIA UNDER THE NEW VALUE ADDED TAX (EXEMPTION MANAGEMENT PROCEDURES) REGULATIONS, 2021

The scope of value added tax exemption. Procedures for application for tax VAT exemption under the Regulations. Involvement of the Ministries in the exemption process. Who shall grant the exemption of value added tax under the new law? Powers of the Commissioner General in the processing of exemption. Post VAT exemption requirements and procedures. 1.0 […]

February 11, 2022

December 7, 2021 By Breakthrough Attorneys

REGULATORY AND COMPLIANCE LAW UPDATE: THINGS YOU SHOULD KNOW WHEN BUYING AND EXPORTING CASHEWNUT FROM TANZANIA

The Tanzanian economy is well known to be dependent on the Agriculture sector. Tanzania is well known to be among the leading Cashewnut producers in Africa. Areas known predominantly for Cashewnut cultivation include the southern coastal regions of the country, near the towns of Mtwara, Kilwa and Dar es Salaam. The Cashewnut Board of Tanzania (CBT) is entrusted with the responsibility of regulating the development of the Cashew Industry in Tanzania. In undertaking its mandated roles the CBT puts more emphasis in improving efficiency and effectiveness in the Cashewnut sub sector in order to meet requirements of different stakeholders thereby enabling them to contribute to the national development. The Board is established under section 3 of the Cashewnut Industry Act No.18 of 2009.

December 7, 2021

November 1, 2021 By Breakthrough Attorneys

NGOs PRACTICE AND TAX LAW UPDATE: TAXATION OF NGOs IN TANZANIA

There is an assumption that Non-Governmental Organizations (NGOs) are tax free entities due to their nature of work. NGOs are known to promote righteous causes to targeted groups in the community.

November 1, 2021

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Popular Articles Posts

  • COMPANY VOLUNTARY WINDING UP: LAW AND PROCEDURE IN TANZANIA posted on March 8, 2017 | under Articles
  • NEW REGULATIONS ON WORK PERMITS IN TANZANIA posted on May 15, 2017 | under Articles
  • UPDATE ON TANZANIA SUCCESSION LAW: PROBATE AND ADMINISTRATION OF ESTATES LAW: PROTECTION OF BONAFIDE PURCHASER OF A PROBATED ASSET IN TANZANIA posted on December 10, 2018 | under Articles
  • LITIGATION LAW UPDATE: WHAT LITIGANTS SHOULD KNOW REGARDING THE RECENT AMENDMENTS TO THE TANZANIA CIVIL PROCEDURE CODE, CAP. 33 R.E. 2002; VOLUME I. posted on June 29, 2019 | under Articles
  • LABOUR LAW UPDATE; A GUIDE FOR TERMINATION ON OPERATIONAL REQUIREMENTS (RETRENCHMENT) TO EMPLOYERS IN TANZANIA posted on October 24, 2020 | under Articles

Popular News Posts

  • Cybercrimes Act 2015 Tanzania: The Challenge in the Hands of Both Corporates and Individuals posted on May 9, 2015 | under News, Recent News
  • TANZANIA SOCIAL SECURITY LAW UPDATE: THE GOVERNMENT INTRODUCES A BILL FOR MERGER OF EXISTING SOCIAL SECURITY SCHEMES IN TANZANIA. posted on November 23, 2017 | under News
  • A Quick Look Into Regulatory System in Mergers and Acquisitions In Tanzania posted on January 29, 2016 | under News
  • NEWS UPDATE: THE OFFICE OF THE ATTORNEY GENERAL IN TANZANIA UNDERGOES RESTRUCTURING posted on March 7, 2018 | under News
  • A Quick Look Into Intellectual Property Law in Tanzania posted on April 28, 2016 | under News

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Breakthrough Attorneys
T: +255 222 603 002
F: +255 222 603 001
M: +255 784 763 933
E: info@breakthroughattorneys.co.tz

Address
66 BTA House, Plot No. 331/00
Msasani Road, Oysterbay,
Opposite United Nations, Umoja House,
P.O. Box 72838
Dar es Salaam, Tanzania
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Breakthrough Attorneys is an ultramodern legal practice based in Dar es Salaam, Tanzania having a spectrum of cross-borders practices that caters for local and multinational corporations, financial institutions, government entities as well as business private individuals concerning their legal needs around the globe.
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