Tanzania Looks to Amend Income Tax Act to Tax Crypto Trades: https://yakihonne.s3.ap-east-1.amazonaws.com/953281df0361f1a7ff836841c2b978b8d606b035e7d07b8d148c72e50b4d78a7/files/1718710201204-YAKIHONNES3.jpg 
Tanzania has released a proposal to amend the Income Tax Act in a move to include a 3% withholding tax on income derived from crypto transactions.

The nation’s Finance Minister Hon. Dr. Mwigulu Lameck Nchemba Madelu laid the proposal during a recent National Assembly meeting. The minister presented Tanzania’s revenue and expenditure for the year 2024/25, a local report noted.