Tanzania: Ex-Minister Admits Granting Company Tax Exemption

FORMER Finance Minister Basil Mramba on Tuesday admitted before the Kisutu Resident Magistrate's Court in Dar es Salaam to issuing a Government Notice (GN), granting tax exemption to Alex Stewart Government Business Corporation, which had been contracted to conduct mineral audits.

However, the ex-minister was quick to defend his position, saying that any contrary decision would have forced the government to source more funds to enable the company pay tax and remain with its take home pay of 1.9 per cent of the market value of the audited gold exports.

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