PROPERTY TAXES IN TANZANIA

INDIVIDUAL TAXATION Nonresidents are taxed only on income derived from Tanzania. Married couples are taxed separately. INCOME TAX Nonresidents are taxed on their Tanzanian-sourced income. The applicable tax rates depend on the source or nature of income. RENTAL INCOME   Net rental income earned by nonresidents is taxed at a flat rate of 20%. Taxable [...]

By | 2017-08-19T09:15:56+00:00 September 19th, 2016|Real Estate, Taxes|

THE ARBITRATION CLAUSE” IN REAL ESTATE CONTRACTS

To understand the theory behind arbitration and how it potentially relates to your real estate transaction, you will need a little background on the subject. Suing someone is expensive…and takes a lot of time…and is expensive..and takes a lot of time.  You get the point.  Entering our court system is a serious trip into [...]

By | 2017-08-19T09:16:59+00:00 July 2nd, 2015|Real Estate|