Tax knowledge affecting non-profit organisations
Tanzania, Nov. 25 -- Dar es Salaam. Tanzania offers some tax exemptions to non-profit organisations, yet some fail to utilise them due to a lack of tax education, a meeting heard here yesterday.
Gracing a workshop on 'addressing the common tax compliance pitfalls for the not-for-profit organisations' in Dar es Salaam, Tanzania Revenue Authority's (TRA) deputy commissioner for Domestic Revenue Department Michael Muhoja said not-for-profit organisations may enjoy a partial income tax exemption by obtaining "charitable" or "religious" organisation status.
The status, he said, is to be obtained following an application to the TRA's Commissioner General.
According to the Income Tax Act, 2019 Section 64(8)(a), to be considered a "charitable"...
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