Tanzania Tree Firm Pays U.S. $1.8 Million in Taxes

Dar es Salaam — The government has earned $1.85 million (about Tsh3 billion) over three years from various taxes paid by the Kilombero Valley Teak Company Ltd (KVTC) between 2010 and 2012.

In an exclusive interview with East African Business Week, the Kilombero Valley Teak Company Ltd (KVTC) General Manager, Hans Lemm, said his company has so far contributed $1.85 million between 2010 and 2012.

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