Tanzania MOF Presents 2026-2027 Budget Speech

June 16, 2026, 5:00 AM UTC

The Tanzanian Ministry of Finance June 11 presented the 2026-2027 budget speech. The speech includes measures to: 1) require digital tax e-payments, strengthen e-receipt systems, introduce digital payment incentives, and mandate digital proof for selected transactions; 2) exempt VAT on imported electric vehicle charging station equipment and liquefied petroleum gas (LPG) smart meters for cooking gas suppliers 3) reduce to 10 percent from 25 percent, customs duties on specified electric vehicles; 4) enhance audits, integrate taxpayer data, broaden registration, introduce artificial intelligence (AI) and digital tools, and strengthening enforcement; 5) require VAT refunds within 30 days with interest on delays, ...

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