Morogoro — The Value Added Tax (VAT) Act, 2014 has started biting by plugging all loopholes of tax evasion by various institutions, including some religious and public ones that were enjoying tax exemptions, it has been said.
Speaking to TRA tax experts and staff members in the region recently, Head Office Taxpayer Education Manager Diana Masala said in the past some religious institutions and organisations were misusing the law on tax exemptions, but it no longer existed. The new law was assented to on December 11, 2014 and came into force on July 1, 2015.
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