The Tanzania Revenue Authority (the “TRA’’) has issued a notice to the general public on the commercial banks which have been approved to collect Tax on behalf of the Government. The notice provides that the general public is advised to use the below listed banks as sole collectors of tax through the Tanzania Interbank Settlement System to Bank of Tanzania (“BOT’’) where all Government funds are held.

Transacting on tax matters with non – contracting banks (those not listed below) which have not been authorized by the BOT as collectors of tax in any form does not guarantee services on the part of TRA as to the payment of tax. Any other bank not listed below is not allowed to accept Government tax payments in any form. The banks having a contract in place for collecting tax with the TRA are:

If you have any questions regarding this legal alert please contact Amish Shah or Susan Mpangile