Dodoma. Tanzania is in advanced talks with the Czech Republic to conclude a Double Taxation Agreement (DTA), to foster a predictable tax environment and attract long-term investment.
The discussions were held in Dodoma between the Commissioner for Budget at the Ministry of Finance, Meshack Anyingisye, representing the Permanent Secretary of the Ministry, Dr Natu-El Maamry Mwamba, and a delegation from the Czech government led by the Czech Ambassador to Kenya, Nicol Adamcova.
According to officials, the agreement is expected to eliminate the burden of double taxation for investors operating in both countries, thereby enhancing trade and investment flows.
The Assistant Commissioner for Policy at the Ministry of Finance, Juma Mkabakuli, who is responsible for international taxation, also attended the meeting.
Negotiations on the agreement were finalised in 2024, and both governments have completed the necessary legal procedures for its signing and ratification, paving the way for its implementation.
Tanzania’s Double Taxation Agreements
Tanzania has entered into several DTAs with various countries to foster cross-border trade and investment by preventing businesses and individuals from being taxed twice on the same income.
Existing agreements include those with countries such as Canada, Denmark, Finland, India, Italy, Norway, South Africa, Sweden, and the United Kingdom.
These agreements aim to enhance economic cooperation and ensure a fair tax system for investors.
The agreement with the Czech Republic is expected to strengthen economic ties and encourage greater private sector participation between the two nations.
