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Part I : Public Finance in Tanzania
Part II : Tax Theory in Tanzania
Part III : Income Tax in Tanzania
Part IV : VAT in Tanzania
Part V : Tax Avoidance | Evasion
Part VI : East Africa Customs Union
Part VII : Tax Objections & Appeals
Part VIII : Other Tax Laws
Part IX : Tax Questions & Answers
Part X : Various Publications

Public Finance and Taxation in Tanzania

Description and aims of This Part: This part starts with a thorough discussion of public goods and services. The aim of the discussion being providing knowledge to the reader on the need of public goods and services before analysing the ways through which the government collects revenue to finance the provision of such goods and services.
 
This part also focuses on the way the government uses the collected revenue. However, the part will concentrate on Tax Laws in Tanzania, and will strive to enable the reader to understand and comprehend them more easily and practically. This part will enable the reader to be able to:
  1. Describe the range of taxation opportunities open to government and preserve discussion for their relative advantages in meeting the government's taxation objectives
  2. Apply the Tanzanian tax laws in assessing the affairs of various taxpayers.
  3. Apply provisions relating to offences under domestic revenue laws.
  4. Apply principles derived from decided tax cases.
  5. Examine the relationship between the different levels of organization within the Public Sector and the effects of their policies on one another
  6. Evaluate the tax implications of business decisions and analyze the impact of government fiscal measures on industry and economy
  7. Comprehend and appreciate the concept of voluntary compliance
  8. Calculate income tax and discuss implications of the tax liability of a taxable person and select tax-efficient strategies
  9. Identify and evaluate different tax planning scenarios
  10. Identify and evaluate different tax concessions stipulated in the Schedules to the Tax Laws
  11. Explain the general objective, role and advantages of the Customs Union and the influences upon Partner States' systems of taxation
  12. Recognize when ethical, legal and professional issues arise in performing Customs work and determine how to act appropriately
  13. Explain the structure of Common External Tariff (CET) and the Customs procedures
  14. Build a concrete base of their career in Customs
  15. Explain the role and key functions of the Tax Revenue Appeal Tribunal
  16. Deal with tax appeals
  17. Explain the role of the Tax Revenue Appeal Board
  18. Describe the Legal framework governing taxation in the country
  19. Identify the chances of tax evasion and avoidance and widen their skills upon how those chances could have been curbed.

The references that will be used in this part include but not limited to the following.

  1. Mponguliana, R.G., 2005, The Theory and Practice of Taxation in Tanzania 2nd Edition
  2. Bhatia, H. L., 2003, Public Finance 24th revised Edition
  3. Musgrave, Richard A. and Musgrave, Peggy B., 2004, Public Finance in Theory and Practice 5th Edition: Tata McGraw Hill
  4. The United Republic of Tanzania, 2004, Income Tax Act Government Printer
  5. The United Republic of Tanzania, 1997, Value Added Tax Act Government Printer
  6. The United Republic of Tanzania, 2004, The Income Tax Regulation Government Printer
  7. Kessy, Nicholaus J. 2003, The Money and Financial System - Bankers workbook series: The Tanzania Institute of Bankers
  8. East Africa Community, 2004, The East African Customs Management Act
  9. Rosen Harney, 2004, Public Finance 7th Edition: McGraw Hill

This part will further be devided into ten subparts as shown in the left panel.

Let's get started