13 July 2018 Tanzania issues tax amnesty order and guidelines The Tanzania Minister of Finance and Planning has issued the Tax Administration (Remission of Interest and Penalty) Order, 2018 that became effective on July 1, and will expire on December 31. According to this order, the Commissioner General of the Tanzania Revenue Authority (TRA) may remit the whole of interest or penalties due regarding "eligible tax payable" by the "eligible person" upon making an application with voluntary disclosure of such tax liability, and agreeing in writing within the validity period of the Order to pay the principal tax due within financial year 2018-19, and also agreeing to finally conclude the respective tax liability without any further dispute. Document ID: 2018-1414 |
