The Finance Act, 2017

This section says the Act may be cited as the Finance Act, 2017.

This Act starts operating on 1 July 2017.

This Part must be read together with the Bank of Tanzania Act, which is called the principal Act here.

Government and public authorities must open and deposit all their money with the Bank, and the Bank may make regulations for carrying out this section.

This section says this Part must be read together with the Electronic and Postal Communications Act, which it calls the principal Act.

The Act amends section 3 by deleting the definition of “local shareholder”.

A holder of a network facilities or network services licence must keep at least 25% public shareholding for as long as the licence lasts.

This section says this Part must be read together with the Excise (Management and Tariff) Act, called the principal Act.

The principal Act is amended to add new excise rates for items in the Fourth Schedule.

This provision lists fruit juices and vegetable juices covered by the heading, including grape must, when they are unfermented and contain no added spirit.

This section classifies certain waters, ice, and snow, including mineral and aerated waters without added sugar or flavouring.

This provision lists goods classifications for certain waters and non-alcoholic beer.

This provision lists Tshs. per-litre amounts for beer made from malt, including stout and porter, and other beer categories.

This text lists tariff headings and product descriptions for certain wines and grape must.

This provision lists Tshs. per-litre rates for certain alcoholic beverages and related products, with different rates depending on the product type and, for one item, container size and domestic grapes content.

The text lists two per-litre amounts: Tshs.429.00 and Tshs.450.00.

This section lists Tshs. rates for different alcoholic products, including spirits and other beverages, by unit such as litre, mil, or kilogram.

This provision lists tariff subheadings for cigars, cheroots, cigarillos, and cigarettes made of tobacco or tobacco substitutes, with further splits for cigarettes based on length, filter tip, and the share of domestic tobacco.

This tariff line classifies certain other smoking tobacco products, including examples like cut rag/filler, under code 2403.19.00.

This provision lists Tshs. per-litre amounts for several petroleum products, including gasoline, illuminating kerosene, and gas oil.

This Part must be read together with the Gaming Act, which is called the principal Act.

This provision amends section 31 of the principal Act by replacing “Board” with “Commissioner” in several subsections, deleting two subsections, and renumbering one subsection.

This section amends section 31A of the principal Act by replacing “Board” with “Commissioner” in subsections (3) and deleting subsection (4).

Section 32 of the principal Act is amended by replacing “Board” with “Commissioner” in subsections (1) and (2).

This provision changes section 63 of the principal Act by deleting paragraph (d) and renaming paragraph (e) as paragraph (d).

The principal Act is amended by repealing section 64A.

This section says this part must be read together with the Income Tax Act, which it calls the principal Act.

This section amends section 3 of the principal Act by changing several definitions and adding new ones.

This section amends section 11(4) of the principal Act by adding a new item covering withholding tax paid by a withholder.

This section changes section 14(2) so it refers to section 37 instead of section 36.

This section amends section 19 by adding a definition of “speculative transaction” and adjusting the income-calculation rule for speculative transactions.

This section amends section 69 by replacing paragraph (f) with a new rule about premiums and proceeds for general insurance or re-insurance involving a resident person.

The Act is amended to add a provision about withholding income tax on the sale of minerals.

If a person pays for specified minerals supplied by a resident person in business, that payer must withhold income tax at the rate set in the First Schedule.

Section 86(1) is amended to add a new paragraph covering payments made to a resident person as specified under section 83B(1).

This provision amends section 88(5) by adding the word “business” after “other.”

Section 90(4) is amended so that “horticulture products” is added after “fish”.

This section amends section 91(2)(e) of the principal Act by removing a word, adding “certified financial statements” as a new item, and renumbering the next item.

This section amends tax schedule provisions to set reduced corporate tax rates for certain newly listed or newly established manufacturing businesses.

This section amends the Third Schedule by replacing the figure 15,000,000 with 30,000,000 in paragraph 3(9)(b).

This section amends the First Schedule by adding item 50 for the Ports Act, Cap.166.

This section amends the First Schedule to the principal Act.

This Part must be read together with the Local Government Finance Act.

The Minister responsible for finance may, by Gazette Order, set fees for advertisements on billboards, posters, or hoardings for local government authorities and manage those fees.

This section amends the principal Act by repealing section 67 and replacing it with new text starting with “General penalty”.

A person who breaches an Act provision with no specific penalty commits an offence and may be fined, imprisoned, or both if convicted.

This section amends the Schedule to the principal Act by changing fee and cess items and adding new charges.

This Part is to be read together with the Mining Act, and it starts when the Minister appoints a commencement date by Gazette notice.

This section amends section 18(3) of the principal Act by adding a new paragraph requiring payment of the inspection fee due on the relevant mineral or minerals, and by renumbering later paragraphs.

This provision amends the principal Act by adding a new section after section 18 about restriction on exportation or domestic use of minerals.

A person must not remove minerals from a mine for export or domestic use unless the section 90A conditions are met.

This section amends section 19(3) of the principal Act by adding the words “mineral and minerals” after “mines.”

This section amends the principal Act by adding new text immediately after section 90.

The Minister must establish mineral clearance centres, and people holding minerals before domestic use or export must pay a clearance fee to the Government.

This section amends section 112(2) of the principal Act by adding a new paragraph about the operationalisation of inspection of mineral or minerals under the Act.

This section says this Part must be read together with the Occupational Health and Safety Act, which is called the principal Act.

Private schools are exempt from the prescribed compliance licence fees.

This section says this Part must be read together with the Ports Act, which is called the principal Act.

Tanzania Revenue Authority must collect wharfage revenue and deposit it into a bank account opened at the Bank of Tanzania.

This Part must be read together with the Public Finance Act, which is called the principal Act.

This section says the principal Act is amended by adding new text immediately after section 6.

Public moneys must be collected through the Government e-payment Gateway (GePG), and the accounting officer must ensure that this happens in the manner set by regulations.

This Part is to be read together with the Tanzania Revenue Authority Act, which is called the principal Act.

If a judicial or investigative body summons the Commissioner General, the Commissioner General or a qualifying Authority officer may appear or show cause on tax administration matters.

This section says this Part must be read together with the Tax Administration Act, which is called the principal Act.

This provision amends section 8(1) of the principal Act by replacing the words “this Act” with “a tax law” in the closing statement, and it adds section 22A.

This amendment adds a new section titled “Registration of small vendors and service providers shall…”.

The Commissioner General registers small vendors and service providers in the informal sector, and registered persons must be issued an identification card.

This section amends section 47(1) by replacing the reference to section 40(3) with a reference to section 37(3).

This provision amends section 52 of the principal Act.

This section amends section 54(1) of the principal Act by replacing several cross-references to other sections.

This provision amends section 64(2) of the principal Act by deleting a word, inserting new text, and renaming a paragraph.

This section amends the principal Act by repealing section 70 and replacing it with new text about remission and penalty interest.

The Commissioner General may remit all or part of interest or penalty payable under any tax law if satisfied there is good cause, but interest remission cannot exceed 50% of the total interest amount.

A tax-related application under section 71 must be made within 3 years from payment of the excess tax, unless a tax law says otherwise.

Installment payers must calculate and pay interest at the statutory rate compounded monthly on the excess amount described in subsection (1).

This amendment makes unpaid tax interest payable at the statutory monthly compounded rate to the Commissioner General, and says that interest cannot be waived because of delays caused by court or dispute resolution proceedings.

This provision changes section 81(4) of the principal Act by replacing “one tax law only” with “a tax law” and notes the addition of a new section 92A.

This provision amends the principal Act by inserting a new section after section 92, titled “Collection of fine”.

The Commissioner General must collect and deposit certain penalties and fines as tax revenue.

This section amends section 95 of the principal Act and updates how search powers apply under it.

This section says this Part must be read together with the Urban Authorities (Rating) Act.

This provision adds definitions for “rate,” “ratable area,” and “rateable property.”

This section amends the principal Act by repealing section 6 and replacing it with new text titled “Declaration of rateable area.”

Areas declared as City Council, Municipal Council, or Town Council are treated as rateable areas, and the Authority must assess, collect, and account for property rate there.

Buildings not valued under the Act are charged property rate, with different rates for ordinary buildings and storey buildings, and some building fractions are treated separately.

This Part is to be read together with the Value Added Tax Act, which is called the principal Act.

This provision amends section 59 of the principal Act by deleting some words and adding a new item about ancillary transport services for goods in transit through Mainland Tanzania.

If the 20th day falls on a Saturday, Sunday, or public holiday, the VAT return must be lodged on the next working day.

This section changes section 74(2) by replacing “twelve months” with “eighteen months”.

This section amends Part I of the Schedule by replacing sub-item 19 in item 3 and adding new sub-items after sub-item 31.

This fragment appears to list item descriptions, including “kind used in animal feeding” and “fertilized eggs for incubation.”

This provision adds a new sub-item about a motor vehicle specifically designed for use by persons with disability.

This provision is titled as an amendment of Part II of the Schedule.

This section amends Part II of the Schedule by adding item 17.

The text refers to imports of specified machinery for exclusive use by a local vegetable-oil manufacturer in Mainland Tanzania.

The text refers to certain textile-related tariff codes being used by a local textile manufacturer only for making textiles in Mainland Tanzania.

This section lists certain imports that are allowed for specified local manufacturers and registered health facilities in Mainland Tanzania.

This Part is to be read together with the Vocational Education and Training Act, which is called the principal Act.

Section 19(1) is amended to add registered educational institutions, including nursery, primary and secondary schools, vocational education and training schools, and universities and higher learning institutions.

This Part must be read together with the Railways Act, which is called the principal Act.

This section amends section 20A by replacing the ending text of subsection (3) and adding kerosene type jet fuel (Jet A1) under HS Code 2710.19.21.