thecitizen.co.tz·3 min read·medium
Sefue explains how tax reforms will encourage business growth
L
Louis Kolumbia
✦AI Summary
Tanzania has introduced a one-year tax grace period for newly registered businesses to encourage formalization. The policy follows recommendations from a presidential commission aimed at reducing the tax burden on startups.
Dar es Salaam. Former Chief Secretary, Amb Ombeni Sefue has welcomed the government's decision to grant newly registered businesses a one-year tax grace period, saying it implements one of the key recommendations made by the Presidential Commission on the Review of Tax System Reforms, which he chaired.
economybusinesspolitics
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