THE CONTROL OF TRANSFER PRICING IN TANZANIA

THE CONTROL OF TRANSFER PRICING IN TANZANIA Transfer Pricing as a concept is about transferring and/or manipulation of price which leads to tax avoidance in a transaction with the aim of reduction of tax liability. The price that is involved in these sorts of transactions is referred to as “Transfer price” as it is the [...]

The legal and procedural requirement for establishing mineral trading and export operations in Tanzania

THE LEGAL AND PROCEDURAL REQUIREMENTS FOR ESTABLISHING MINERAL TRADING AND EXPORT OPERATIONS IN TANZANIA The United Republic of Tanzania has legal authority over any mining activities and minerals found on, in, or beneath Tanzanian continental soil. Some of the minerals found in Tanzania include gemstones, gold, silver and copper. Any person with valid mineral rights [...]

Amendment of the mining local content regulations

The Minister of Minerals in Tanzania Mainland recently issued the Mining (Local Content) (Amendment) Regulations (the amendments) through Government Notice No. 479 of 2022.  The amendments brought by the Minister are aimed at addressing regulatory and practical challenges affecting adherence to local content in the mining sector as provided under the Mining Local Content Regulations, [...]

INDEMNIFICATION BY INDEPENDENT CONTRACTORS

  Land Act, Cap 113 allows disposition of land by way of sell and purchase by any person whether for the purpose of person use or investment and transfer the title under his/ her name. Take this example A owns a plot of land and he wishes to sell it. [...]

DUE DILIGENCE AND THINGS TO CONSIDER WHEN PURCHASING A LANDED PROPERTY IN THE UNITED REPUBLIC OF TANZANIA

  Land Act, Cap 113 allows disposition of land by way of sell and purchase by any person whether for the purpose of person use or investment and transfer the title under his/ her name. Take this example A owns a plot of land and he wishes to sell it. [...]

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