THE Tanzania Revenue Authority (TRA) is set to impose equitable taxation to payers as it yields in accumulating the 2024-2025 30trn/-target.
Yusuf Mwenda, TRA commissioner general, announced the plan in Dar es Salaam over the weekend as he officially launched ‘Large Taxpayers Customer Relationship meeting and Tax Reforms seminar’.
He said all the taxation processes will comply with the respective laws, an approach that will coincide with educating taxpayers for them to know what, when to pay tax to avoid consequences.
“Tanzania Revenue Authority pledges to observe equity. We will ensure that taxpayers pay what is required and not beyond,” he said.
He also stated the goal is to ensure that TRA is not vindictive to taxpayers while taxpayers comply with reciprocating on respective laws.
Mwenda said: “Tax collection has generated public revenue that has helped the government finance investment in major projects such as Julius Nyerere Hydropower Plant Project (JNHPP) likewise the provision of social services.
He further cautioned over counterfeiting for people not to face lengthy jail terms or fines ranging from 5m/- to maximum 50m/- or both.
According to him, he Tanzania Revenue Authority (TRA) collected 27.64trn/- in tax revenue for the 2023-2024 financial year equivalent to 97.67 percent of the target of 28.30trn/-
Mwenda, also assured tax stakeholders that the other plan at hand is to ensure the Tax Revenue Appeals Board settles the prevailing disputes before they are filed to the Court of appeal, underlining that the most challenging part has been different interpretations of the Tax Administration Act.
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