Tanzania's Finance Act 2025 was enacted on 30 June 2025, including the measures announced as part of the Budget Speech for 2025/26 that was delivered to parliament earlier in the month. The tax measures include the following, which are generally in line with the announced measures with some adjustments:
- The amendment of the definition of equity to (re)include positive retained earnings, which will impact the thin capitalization rules;
- The introduction of a 10% withholding tax on 30% of retai…