STAKEHOLDERS TO PARTICIPATE IN THE UPCOMING PROCEEDINGS OF THE TASK FORCE ON TAX REFORM IN PREPARATION FOR BUDGET 2021/22
The proceedings of the Task Force on Tax Reform in preparation for Budget 2021/22 are scheduled to get underway in February 2021.
‘The Task Force provides a structured forum for discussion of various issues relating to tax policy and administration. This work has constituted a vital input to policy makers for a long time. It has helped to shape the country’s tax regime and, through dialogue and analysis, facilitated an effective, transparent and efficient resolution of a number of issues.
‘The Task Force Secretarial will once again arrange schedule of meetings with stakeholders for presentation and discussions in this financial year. The Government will take lead by giving an update of her policy objectives, agenda and challenges as well as an assessment of tax policy priorities for Budget 2021/22. This will provide participants with abroad context for this year’s proceedings and motivate analysis and discussion on impacts of various proposals in depth.
The fiscal policy measures aim at improving business environment in order to attract investments and facilitating growth of small and medium business for sustainable economic growth; enhancing voluntary tax compliance broadening the tax base mainstreaming the use of ICT System in tax administration strengthening enforcement of tax laws in order to address tax evasion challenges and minimize revenue leakages and streamlining levies and fees in order to improve business and investment environment.
The Task Force invites the participation of officials from the Government, private sector, civil society; religious organizations, academia, research institutions and other specialists in public finance.
The submissions from interested parties should be in writing, stating clearly:-
- firm(s) organization(s} or association(s) being represented:
- The proposed changes in tax or non-tax revenue, including analysis of the sectors, regions of types(s) of taxpayers that would be affected;
- The projected impact on the economy and Government revenues in the year of implementation and outer years;
- The rationale and justification for the proposed revenue policy changes and, in particular, analysis of the means by which the proposal will help the Government achieve its overarching economic, fiscal and poverty-reduction objectives; and
- Where proposals entail a reduction in Government revenues (even in the short term only), there must be alternative proposals which set out explicit and credible measures consistent with the overall thrust of the Government’s fiscal policies to offset the proposed revenue shortfall.
We are looking forward to having a productive exchange of ideas this year among stakeholders and the Government.
Submissions will be accepted from now until 10th February 2021.
Please submit your proposals to the following address:
Secretariat, Task Force on Tax Reform (Policy Analysis Department- 2nd floor),
Ministry of Finance and Planning,
Treasury Square Building,
18 Jakaya Kikwete Road
P.O Box 2802
DODOMA.
E-Mail: [email protected] or [email protected]
For more details/clarifications please call: 0713 694 895 or
0657 558 899
Or visit our website: www.mof.go.tz
Doto M. James
PERMANENT SECRETARY – MINISTRY OF FINANCE
AND PLANNING
December, 2020
