The annual 2016 Article IV Consultation conducted by the International Monetary Fund suggested that the Tanzanian Government's tax revenue levels are too low to finance its infrastructure investment and social service plans.Read Full Story
The National Resource Governance Institute has released a paper that looks at African nations' efforts to introduce transfer pricing rules in the mining sector and puts forward policy recommendations.Read Full Story
The Tanzania Revenue Authority has clarified how value-added tax should apply to fee-based financial services, since it was introduced on July 1, 2016, alongside VAT on tourist services.Read Full Story
Action Aid has released a new report on the proliferation of tax breaks in East African countries, noting a small fall in value-added tax expenditures.Read Full Story
On June 20, 2016, the European Council authorized the signature and provisional application of an economic partnership agreement with the East African Community. Read Full Story
Norway is contributing USD5m to a program designed to help the Government of Tanzania collect more in tax.Read Full Story
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