tin application - statement of estimate (entity)

7/24/2019 TIN Application - Statement of Estimate (Entity)

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TANZANIA REVENUE AUTHORITY

STATEMENT OF ESTIMATE/REVISED ESTIMATE OF TAX PAYABLE BY INSTALMENTMADE ON BEHALF OF AN ENTITY

YEAR OF INCOME:

TIN:

NOTE An estimate/revised estimate of tax payable to be made by an entity under Section 89 of the Income Tax Act, 200! "ou are re#uired to furnish the estimate of income for the year $$$$ %ithin three &'( months of the be)innin) of your accountin) date or after theprecedin) calendar year!

*lease, read the notes carefully in the appendix before fillin) in the form!

There are penaltie !"r n"t/late !ilin# an eti$ate "r !"r #i%in# !alein!"r$ati"n&

+ate of issue $$$$$!! Issuin) office $$$$$$$$$$$$$$$$$$*!-! .ox $!!$$$$$$$$$$$$$$$$$$!Tel $$$$$$$$$$$$ax$$!!$$$$$$!!1mail address $$$$$$$$$$$$$$$$$!!

'ENERAL INFORMATION

( TIN:

Na$e "! entit)

*

P"tal A++re:

, *! -! .ox *ostal ity

C"nta-t N.$er:

0 *hone number Second *hone

Third *hone ax number

1 1mail address

IT3202!04! 5 Statement of stimate ntity

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To



2 Per"n3 tat. an+ -ate#"r) "! ta4ati"n &*lease tic7 the appropriate box(

esident on1esident

+ay :onth

5 A--".ntin# +ate

6 Parti-.lar "! an7 a--".nt:

Na$e "! Ban7 Bran-h A++re A--".nt N"& T)pe "!a--".nt

ESTIMATE OF INCOME AND TAX &+o not include final %ithholdin) payments(

8 .usiness income(9 Investment income

(( T"tal eti$ate+ in-"$e .$ 8;(9<

(* Ta4 "n t"tal eti$ate+ in-"$e

(, epatriated income from a +omestic *ermanent stablishment

(0 Tax on repatriated income from a +omestic *ermanentstablishment

(1 T"tal ta4 pa)ale (*;(0<

De+.-ti"n:

(2 ;ithholdin) tax actually paid &+o not include final ;ithholdin) Tax(

(5 orei)n Tax redit(6 Sin)le instalment tax paid

(8 T"tal "! +e+.-ti"n S.$ (2 t" (6<

*9 Ta4 pa)ale ) intal$ent (1 $in. (8<

*( Intal$ent pa)ale:

(t intal$ent *n+ intal$ent ,r+ intal$ent 0th intal$ent

A$".nt

D.e Date

DECLARATION

I here) +e-lare t" the et "! $) 7n"=le+#e an+ elie! that the a"%e eti$ate itr.e an+ -"rre-t&

Title: :r :rs :s

irst ame :iddle ame Surname

*osition

+ay :onth "ear

Si)nature$$$$$$$$$$$$$$$$$!! +ate/


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FOR OFFICIAL >SE ONLY:

NOTICE OF ESTIMATE/REVISED ESTIMATE OF TAX PAYABLE BY INSTALMENTMADE ON BEHALF OF AN ENTITY

TIN:

Year "! in-"$e:

ASST N":

ame of taxpayer $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$!!

Address $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

-I<IA=TA3 >A<+

A:++TA3 >A<+

A:+++IS>A<+

TA3 *A"A.=/*A"A.=

Intal$ent pa)ale:

(t intal$ent *n+ intal$ent ,r+ intal$ent 0th intal$entA$".nt

D.e Date

ame of -fficer &+ata entry( $$$$$$$$$$$!

+esi)nation $$$!!$$$$$$$$$$$$$$!!!!

Si)nature $$$$$$$$$$$$$$$$$$$ +ate $$$$$$$$$$!!$


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Appendix

NOTES FOR THE TAXPAYER

<eneralIn accordance %ith Section 88 of the Income Tax Act, 200 every person &an ?Instalment payer@(%ho derives or expects to derive any char)eable income durin) a year of income from business or investment or from an employment, %hich has not suffered ;ithholdin) Tax under Section 84 of the Act, is re#uired to file a return of an estimate of tax payable for the year of income!

An entity means a partnership, trust or corporation!

A revised estimate of tax may be made under Section 89&4( of the Income Tax Act, 200! Therevised estimate %ill automatically cancel the ori)inal estimate or %ill be deemed to be anamendment to an estimate made by the ommissioner under the same Section 89&8( of theIncome Tax Act, 200!

+ue date of furnishin) the return shall be

• In the case of a person %hose year of income is t%elve month period

be)innin) at the start of a calendar month on or before the last day of the third month of theyear of income or

• In the case of a person %hose year of income is other than calendar

year, at the end of each three month period commencin) the be)innin) of the year of incomeor

• or persons conductin) a)ricultural business involvin) seasonal

crops in the Bnited epublic, by the end of September of the year of income!

The due date of payment falls at the end of 'rd, Cth, 9th and 42th month from the be)innin) of theaccountin) period!

alculation of #uarterly instalment of income tax payable by an instalment payer for a year of income is calculated accordin) to the follo%in) formula!

&A1(.

;here A D is estimated tax payable at the time of instalment. D is the number of instalments remainin) for the year includin) the current instalment D is the sum of any

&a( Income tax paid durin) the year of income, but prior to the due date for

payment of the instalment and&b( Income Tax %ithheld durin) the year prior to the due date for payment ofthe instalment and

&c( +efaulted ;ithholdin) Tax %hich is liable for payment by the %ithholdin)a)ent

or or the person conductin) a)ricultural business involvin) seasonal crops in the Bnited epublic,the amount of the first and second instalments for the year of income shall be I=, ' rd instalmentE6F of estimate and the balance shall be payable on the th and last instalment!

?ARNIN':I! pa)$ent i n"t re-ei%e+ ) the +.e +ate the .npai+ a$".nt =ill e .@e-te+ t"late pa)$ent penaltie&


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Ta4 rate

RATES OF INCOME TAX FOR ENTITIES

Tax source Rei+ent N"nRei+ent

orporate Tax ,9 ,9

epatriated Income of branch (9

?ITHHOLDIN'/INVESTMENT TAX RATES

Tax source Rei+ent N"nRei+ent

+ividends to companies controllin) 26F of shares or more 9 (9

+ividends from +S listed company 1 1

+ividends from other companies (9 (9

-ther %ithholdin) payments (1 (1

Interest (9 (9

oyalties (1 (1

Technical services &:inin)( 1

Transport &aircraft/shippin)( non1resident operator/charterer%ithout permanent establishment 1

ental income (9 (1

Insurance premium 9 1

atural resource payment (1 (1

Service fees (1

apital )ain for disposal of entity@s asset (9 *9

EXEMPTION ON DISPOSAL OF INVESTMENT ASSETS

A)ricultural land 5 :ar7et value of less than TS> 40,000,000

+S listed company@s shares

Shares held by a resident company runnin) another company%ith shareholdin) of 26F or more

LATE S>BMISSION OF ESTIMATE/PAYMENT ?ILL BE S>BECTED TO PENALTIES&

'IVIN' FALSE INFORMATION IN THE ESTIMATE OR CONCEALIN' ANY PART OF THEENTITY3S INCOME OR TAX PAYABLE CAN LEAD YO> TO BE PROSEC>TED&


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tin application - statement of estimate (entity)

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