A look into the mandatory and necessary documents kept by a company Company’s Officials tasked with the statutory duty to manage certain documents Consequences of tampering with the company’s documents Introduction Companies are legally required to keep and maintain a number of statutory registers and accounting records. These statutory registers and accounting records are required […]
TAX LAW UPDATE: WHAT NOT-FOR-PROFITS STAKEHOLDERS NEED TO UNDERSTAND ABOUT TAXATION OF CHARITABLE ORGANISATIONS
Difference between a ‘charitable’ or ‘religious’ organization status, for tax purposes, versus being registered as a charitable or religious organizations. Uncovering the requirements set under the law for a Not-For-Profit to be recognized as a ‘charitable’ or ‘religious’ organizations for tax purposes. Effect of being granted a Charitable Status Ruling to that effect, from the […]
STIMULUS FOR ECONOMIC DEVELOPMENT AND THE QUESTION WHY TANZANIA SHOULD JOIN THE ORGANISATION FOR ECONOMIC COOPERATION AND DEVELOPMENT (OECD)
An introduction and brief history of OECD The manner in which OECD operates and how can one become a member Benefits of OECD to its members. Why Tanzania should join OECD. Application of OECD with regard to tax issues in Tanzania. Introduction: Organization for Economic Cooperation and Development also known as “OECD” is an international […]
THE ADOPTION OF NEW FINANCIAL REPORTING STANDARDS AND THE IMPACT TO FINANCIAL INSTITUTIONS AS WELL AS THE INVESTMENT SECTOR IN TANZANIA
Overview of Financial Reporting Standards with regards to growing economies and flow of finance What IFRS may do in boosting FDI influx in a country through a compliant and transparent banking sector Assessment of the impact of IFRS 9 Challenges of compliance with IFRS 9 1. Introduction Conformity to international banking standards has immediate positive […]
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