Category Title

  • Government Budget Speeches
  • Ministry's Budget Speeches
  • Budget Books 2024/2025
  • Budget Books 2023/2024
  • Budget Books 2022/2023
  • Budget Books 2021/2022
  • Budget Books 2020
  • Budget Books 2018/2019
  • Budget Books 2015/2016
  • Budget Books 2014/2015
  • Content not found
  • Content not found
  • Content not found

INVITATION TO STAKEHOLDERS TO PARTICIPATE IN THE UPCOMING PROCEEDINGS OF THE TASK FORCE ON TAX REFORM IN PREPARATION FOR BUDGET 2024/25

21 Feb, 2024

THE UNITED REPUBLIC OF TANZANIA

 MINISTRY OF FINANCE

INVITATION TO STAKEHOLDERS TO PARTICIPATE IN THE UPCOMING PROCEEDINGS OF THE TASK FORCE ON TAX REFORM IN PREPARATION FOR BUDGET 2024/25

 

The proceedings of the Task Force on Tax Reform in preparation for Budget 2024/25 are scheduled to get underway in February 2024.  The working sessions of the Task Force will be launched by the National Tax and Investment Conference for the year 2024 which will be held in February.

The Task Force provides a structured forum for discussion of various issues relating to tax policy and administration. Its deliberations have constituted a vital input to policy makers for a long period. It has helped to shape the country’s tax regime and, through dialogue and analysis, facilitated an effective, transparent and efficient resolution of a number of issues.

The Task Force Secretariat is expected to organise a schedule of meetings with stakeholders for presentations and discussions in this financial year.  The Government will take lead by giving an update of policy objectives, agenda and challenges as well as an appraisal of tax policy priorities for Budget 2024/25.  This will provide participants with a broad context for this year’s proceedings and motivate analysis and discussion on impacts of various proposals in-depth.

The fiscal policy measures aim at improving business environment in order to attract investments, facilitating growth of small and medium business enterprises for sustainable economic growth; enhancing voluntary tax compliance; broadening the tax base; mainstreaming the use of ICT System in tax administration; strengthening enforcement of tax laws in order to address tax evasion challenges and minimize revenue leakages; and streamlining levies and fees in order to improve business and investment environment.

 

The Task Force invites submission of proposals from Government officials, private sector, civil society, religious organizations, academia, research institutions and other specialists in public finance. The submissions from interested parties should be in writing, stating clearly:-

 

  1. Firm(s) Organization(s) or Association(s) being represented;
  2. The proposed changes in tax or non-tax revenue, including analysis of the sectors, regions or taxpayers that would be affected;
  3. The projected impact on the economy and Government revenues in the year of implementation and outer years;
  4. The rationale and justification for the proposed revenue policy changes and, in particular, analysis of the means by which the proposal will help the Government achieve its overarching economic, fiscal and poverty-reduction objectives; and
  5. Where proposals entail a reduction in Government revenues (even in the short term only), there must be alternative proposals which set out explicit and credible measures consistent with the overall thrust of the Government’s fiscal policies to offset the proposed revenue shortfall.

 

We are looking forward to having a productive engagement and exchange of ideas this year among stakeholders and the Government. 

 

Submissions are accepted with effect from the date of this press until 31 March 2024 through the following  portal:  

https://maoni.mof.go.tz/

 

For Hard Copy, please submit your proposals to the following address:

Secretariat Task Force on Tax Reform

Ministry of Finance 

Policy Analysis Department,

Treasury Square Building (2nd floor),

18 Jakaya Kikwete Road,

P.O Box 2802,

DODOMA.

 

E-Mail: mathias.kadebe@hazina.go.tz or salha.mzee@hazina.go.tz

For more details/clarifications please call: 0713 694 895 or 0652 442 944

Or visit our website: www.mof.go.tz

 

Dr. Natu E. Mwamba

PERMANENT SECRETARY – MINISTRY OF FINANCE

January, 2024