Mechazilla: What should Tanzanian youth learn from it?
On October 13, 2024, I found myself in an interesting predicament with my younger brother. While he was eager to…
A Critical Assessment of Tanzania’s Tax System: A Call for Reform, Fairness in Revenue Collection
Like many in the developing world, Tanzania’s tax system faces several critiques that hinder the country’s economic potential while…
The 10-Year Drop in Education Spending: What’s at Stake for Tanzania’s Future?
Education is undeniably one of the key pillars of sustainable development. The United Nations Sustainable Development Goal 4 (SDG…
Success, Failure, and Distraction: How Relevant is Economic Growth in Third World Countries?
Economic growth and development have been the focus of all third-world countries after attaining what most call “flag independence.”…
Can Internal Auditing Save Companies from Scandals? How It Protects Companies from Risk and Misconduct?
According to the Institute of Internal Auditors’ (IIA) International Professional Practices Framework (IPPF), “Internal auditing is an independent, objective…
Proposed Land Taxation Could Shift the Burden Away from Small and Medium-sized Enterprises
Our friends in the government have been stepping up efforts to collect taxes, and I applaud the intent but…
The Uncertain Future of Tanzania’s Energy: Will the Lights Stay On? What About Blackouts?
‘The Grass is Always Greener on the Other Side’ implies that most people often think there is joy in…
New Tax Tribunal Ruling: What It Means for Tanzanian Businesses
WHEN TO PAY WITHHOLDING TAX IS NOW CEMENTED: The Tax Revenue Appeals Tribunal (TRAT) rules that Withholding Tax is due…
Rent vs. Service Charges: The Withholding Tax Dilemma Explained, 10% or 5%?
In most scenarios, landlords bill their tenants separately for rent and service charges. Service charges mainly include the provision…
Did You Know Withholding Tax Isn’t a Cost but a Benefit?
Withholding Tax is the amount of money a taxpayer withholds from gross payments for relevant services/goods to his/her supplier.…
