by Lexxon | Aug 6, 2025 | Tax
I have recently been embroiled in a dispute with the Zanzibar Revenue Authority (hashtag#ZRA) regarding a hashtag#ValueAddedTax (VAT) refund’s issue on behalf of a client, that got me to write an article about it, hoping it could raise awareness and influence a...
by Lexxon | Aug 5, 2025 | Tax
The Minister of Finance in the recently read #budgetspeech for #2025-26 proposed amendments to the definition of capitalisation of profits in the #Income Tax Act 2004 (herein “ITA”) to include retained earnings that remain undistributed for a period of six...