On 28 June 2022, the Tanzanian Parliament passed the Finance Bill, 2022 (the Bill). On 30 June, the Bill was assented to by the President to become the Finance Act, 2022. All changes introduced by the Act are effective 1 July 2022, unless noted differently.
- Discretionary powers to grant VAT exemption
- VAT deferment on capital goods
- VAT registration by nonresidents
- VAT on financial products
- VAT exemptions
Source EY
