Tanzania, May 4 -- Dar es Salaam. Tanzania and Turkiye have signed a double taxation agreement (DTA), a move expected to strengthen trade ties and attract more investment between the two countries.

The agreement on the avoidance of double taxation and prevention of fiscal evasion on income tax becomes Tanzania's 13th such pact. It is designed to ensure that the same income is not taxed in both jurisdictions, a step widely seen as key to boosting investor confidence.

Minister for Finance, Mr Khamis Mussa Omar, said DTAs-when combined with bilateral investment treaties (BITs)-go beyond technical arrangements and serve as important tools for driving trade and economic growth.

"Data from the Organisation for Economic Co-operation and Devel...