Tax Administration Regulations 2020 – Mining Company Exemption

Under the Tax Administration Act 2015, Tanzania Revenue Authority can recover a taxpayer’s tax payments by issuing an Agency Notice on third party debtors of the taxpayer to compel that third party debtor to pay the debt to the TRA.

Mining Company Exemption – on 28 February 2020, the Tax Administration (General) (Amendment) Regulations 2020 came into force and now an Agency Notice cannot be served on the Tanzanian bank accounts of mining companies in which the Government has shares and the Government has concluded an agreement with the mining company, unless there is a court decree issued to the TRA after final completion of judicial proceedings.