“Zitto wants foreign firms taken to task via tax review”

ACT-Wazelendo leader Zitto Kabwe yesterday recommended that a major review be carried out on tax laws that involve multinational corporations to ensure the country’s tax base is maintained…[He] appealed to the government to carry out an amendment on its tax laws to ensure the country gets what is required… According to him, various studies had found that Tanzania lost 5% of the national income due to tax evasion by multinational companies through tax planning measures…