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