Tanzania Capital Gains Tax Calculator

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.

Take this further

CGT depends on a defensible cost base, which means asset records that go back years. Tawala Accounting keeps the fixed-asset register, additions, disposals and depreciation so the gain is calculated from your books rather than reconstructed.

Not sure which module fits? Compare every option under Tawala solutions, or find the setup for your sector under Tawala by industry.