10/08/2021 · In June 2020, 272,339,270 mobile money transactions took place, for a total value of USD billion. There are six mobile operators offering mobile money services in Tanzania: Vodacom with M-Pesa (39%), Tigo with Tigo Pesa (30%), Airtel with Airtel Money (20%), Halotel …Today, July 15, 2021, the cost of financial transactions through mobile networks in Tanzania has increased after the government increased the fee. A great deal of misunderstanding is being witnessed today by the people of Tanzania, many of whom are major users of the service. The 28% tax rate comprises 18% VAT and a 10% excise duty on money transfers (Source: Tanzania Revenue Authority) Note: agents are liable to a withholding tax of 10% on mobile money commission received, thus spreading the mobile money tax burden further. Tobacco Alcohol Mobile 35% 32% 27% Sector Consumption tax rate Mobile Money 28% 19/07/2021 · It is rather heavier on Vodacom’s M-Pesa&mdash

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