By Yusuph Jackson
Among the factors investors consider before investing is the tax environment of a particular country. Key questions asked by foreign investors include: What options are available to repatriate profits or other forms of income; what are the applicable taxes; are there any reduced tax rates provided by the Double Tax Treaties (DTAs)? In a capitalist economy, the end goal of investment is for the investors to get profits out of their capital injected into businesses.
Over the last five years, Tanzania has introduced good policies and institutional reforms aimed at enhancing investment and addressing existing challenges faced by investors.
Also Read
Environmental liability insurance is Africa’s missing financial shield
