Tanzania, UAE sign deal on tackling double taxation
Tanzania’s Finance and Planning minister Mwigulu Nchemba and his United Arab Emirates counterpart Mohamed Bin Hadi Al Hussaini sign an agreement that would tackle double taxation in trade between the two countries during a ceremony held in Dubai, UAE yesterday. PHOTO | MINISTRY OF FINANCE AND PLANNING
Josephine Christopher is a senior business journalist for The Citizen and Mwananchi newspapers
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What you need to know:
The agreement dubbed ‘Agreement on Avoidance of Double Taxation and Prevention of Fiscal Evasion on Income Taxes’ was signed by Finance ministers of the two countries--Dr Mwigulu Nchemba for Tanzania and Mr Mohamed Bin Hadi Al Hussain of the UAE.