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Tanzania Targets Crypto Trades With Proposed Income Tax Act Amendment

Tanzania plans to amend its Income Tax Act to tax crypto trades. The proposal includes a three per cent withholding tax on income.

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Tanzanian officials want international clarity on CBDCs and cryptocurrencies

Tanzanian President Samia Suluhu Hassan instructed the country’s finance chiefs to prepare for cryptocurrencies just over a year ago, and now financial industry.

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