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Tanzania Capital Gains Tax Calculator

Capital gains tax calculator for Tanzania. 10% residents, 20% non-residents on disposal of investment assets.

How to calculate capital gains tax

1
Compute gain: sale price − cost base − transaction costs.
2
Apply 10% (resident) or 20% (non-resident).
3
Pay within 30 days of disposal.
4
Retain title deed/contract for audit.

Capital gains tax in Tanzania

Capital gains tax (CGT) is charged when you dispose of an investment asset for a profit. The rates are 10% for residents and 20% for non-residents, calculated on the gain (proceeds − cost base). It applies to shares, securities, real property and certain business assets.

Cost base — what counts

  • Original purchase price.
  • Stamp duty, legal fees and other transaction costs at acquisition.
  • Capital improvements (extensions, conversions) — but not repairs.
  • Selling costs (agent commission, advertising, valuation fees).

Exemptions

The disposal of a principal private residence is exempt where the owner has lived in it for at least 3 years prior to disposal and the gain does not exceed TZS 15 million. Inter-spouse transfers and inheritance are also outside CGT.

Filing & timing

  • CGT is payable within 30 days of disposal.
  • For real property, the title cannot be transferred at the Lands Office without proof of CGT clearance.
  • Capital losses can offset capital gains in the same year.

Related tools: Stamp Duty, Land Rent, Corporate Tax.

Frequently asked questions

What is the capital gains tax rate in Tanzania?
10% for residents, 20% for non-residents on disposal of investment assets such as shares and real property.
Is the principal residence exempt?
A residential premise occupied by the seller for at least 3 years before disposal is exempt where gain does not exceed 15 million TZS.
How is the gain calculated?
Sale proceeds minus cost base (purchase price + improvement costs + transaction costs).
When is the tax payable?
Within 30 days of the disposal.
Are losses on disposal allowed?
Capital losses can offset capital gains in the same year of income.

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