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Finance ACT

August 2022

An overview of the amendments by the finance ACT

The Finance Act was assented by the President of Tanzania in June 2022. The Act amended a total of 35 pieces of legislation which consequently led to changes in various sectors. The changes are expected to bring a positive impact and positively affect various stakeholders in their respective industries. Our Team has prepared an overview of the amendments introduced, and a commentary on the objective or effect of the introduced amendment.

Click below to access our alert highlighting the key tax amendments introduced by the Finance Act, 2022