What the Electronic Tax Stamp Tender Means for Tanzanians

The government's decision to introduce electronic tax stamps on all good produced in the country to enable better collection of taxes has has been welcomed by manufacturers, but the Swiss company who will manage the process has come under fire.

Calculations by the Parliamentary Budget Committee show that prices of bottled mineral water, soft drinks, spirits, and beer will rise between Sh13.5 and Sh29.57 per litre if the producers decide to factor in the costs of the electronic tax stamp.

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