Tanzania

Overview

Last reviewed - 22 November 2019

Tanzania is a country in East Africa bordered by Kenya and Uganda to the north; Rwanda, Burundi, and the Democratic Republic of the Congo to the west; Zambia, Malawi, and Mozambique to the south; and the Indian Ocean to the east. The United Republic of Tanzania came into being in 1964 following the union of the Republic of Tanganyika (formed in 1961) and Zanzibar. Its official languages are Kiswahili and English. Dodoma is the national capital of Tanzania, and the Tanzanian shilling (TZS) is the official currency.

Tanzania's major export industries include agriculture, mining, and tourism. A significant proportion of the population are employed in agriculture. Longer term, Tanzania’s significant gas reserves are expected to generate significant export earnings. Other significant sectors of the economy include construction, financial services, manufacturing, telecommunications, and utilities.

PwC is the largest tax practice in Tanzania. Our focus is tax strategy, planning, and compliance. PwC Tanzania professionals develop and deliver tax solutions across a diverse range of industries.

Quick rates and dates

Corporate income tax (CIT) rates
Headline CIT rate (%) 30
Corporate income tax (CIT) due dates
CIT return due date Within six months from the end of the accounting period.
CIT final payment due date Within six months from the end of the accounting period.
CIT estimated payment due dates Four equal instalments to be paid not later than three months, six months, nine months, and 12 months from the beginning of the accounting period.
Personal income tax (PIT) rates
Headline PIT rate (%) Residents: 30;
Non-residents employment income only: 15;
Non-residents total income: 30
Personal income tax (PIT) due dates
PIT return due date Within six months of the end of the year of income.
PIT final payment due date Within six months of the end of the year of income.
PIT estimated payment due dates Quarterly instalments (at the end of the third, sixth, ninth, and 12th months of the year of income).
Value-added tax (VAT) rates
Standard VAT rate (%) 18
Withholding tax (WHT) rates
WHT rates (%) (Div/Int/Roy) Resident: 5 or 10 / 10 / 15;
Non-resident: 5 or 10 / 10 / 15
Capital gains tax (CGT) rates
Corporate capital gains tax rate (%) Capital gains are subject to the normal CIT rate.
Individual capital gains tax rate (%) Residents: 10;
Non-residents: 20;
Sale of mineral or petroleum rights: 30
Net wealth/worth tax rates
Headline net wealth/worth tax rate (%) NA
Inheritance and gift tax rates
Inheritance tax rate (%) NA
Gift tax rate (%) NA

NA stands for Not Applicable (i.e. the territory does not have the indicated tax or requirement)

NP stands for Not Provided (i.e. the information is not currently provided in this chart)

All information in this chart is up to date as of the 'Last reviewed' date on the corresponding territory Overview page. This chart has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this chart without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this chart, and, to the extent permitted by law, PwC does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this chart or for any decision based on it.