[wanabidii] 0.15% Excise Duty on Money Transfers Through Banks in Tanzania

Friday, August 30, 2013
Dear Valued Customer,

Following our earlier communication with you, please be informed that, in compliance with the newly introduced Finance Act, on the 28th August, 2013, we will start charging the 0.15% Excise Duty on all Money Transfers for the amount exceeding shillings 30,000/= or the equivalent in any other currency. 

In addition, as required by the TRA, we will seek to recover the excise duty for the month of July 2013 by debiting your account on all relevant transfers.

Please contact your branch manager or relationship manager for further information.

Yours Sincerely,

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