11 July 2018

Tanzania issues Finance Act, 2018

Tanzania's Parliament approved the Finance Bill, 2018-19 on June 28. The Bill was then assented by the President and became a Finance Act on June 30. The Finance Act, 2018 (the Act) became operative with immediate effect from July 1. The Act amends laws relating to various taxes and duties.

A Global Tax Alert, attached below, provides additional details.

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ATTACHMENT

Document ID: 2018-1379