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Tanzania Budget Speech for 2025/26 Delivered Including Withholding Tax on Retained Earnings, Increased Alternative Minimum Tax, and Other Measures

|Proposed Changes|Tanzania
Tanzania

Tanzania's Minister of Finance delivered the Budget Speech for 2025/26 to parliament on 12 June 2025. Some of the main tax measures include:

  • The amendment of the definition of equity to (re)include retained earnings, which will impact the thin capitalization rules;
  • The introduction of a 10% withholding tax on retained earnings that remain undistributed after six months;
  • The introduction of a …

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