TRA: Scrap tax relief on commercial goods
By Khalfan Said
8th November 2012
Tanzania Revenue Authority (TRA) board chairman Bernard Mchomvu has
urged the government to suspend tax exemptions on commercial goods such as rice
and sugar, saying they were not helping consumers but rather causing the
government revenue losses.
He made the remarks at the 6th Taxpayer Day celebrations in Dar es
Salaam yesterday. “Our research shows that exemptions on business goods such as
foodstuff are not helping consumers; rather they reducing tax collection,” he
said.
The chairman said millions of shillings are lost each month as a result
of tax exemption on rice and sugar.
“We can offer exemptions on religious aid and aid from our development
partners, but tax exemption on business goods should be removed,” insisted
Mchomvu.
Endelea...www.kwanzajamii.com/?p=4220
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