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zimra tax for mining companies

Mar 01, 2021 · Value-added tax (VAT) ... (EFRs) that can be linked to the Zimbabwe Revenue Authority (ZIMRA). Penalties of up to USD 25 per day per point of sale may be imposed. The concept of appointing VAT agents was adopted in April 2017. Several large mining companies were designated as agents, and the legislation demands that they deduct 10% of a gross

zimbabwe - corporate - other taxes - pwc

Mar 01, 2021 · Value-added tax (VAT) ... (EFRs) that can be linked to the Zimbabwe Revenue Authority (ZIMRA). Penalties of up to USD 25 per day per point of sale may be imposed. The concept of appointing VAT agents was adopted in April 2017. Several large mining companies were designated as agents, and the legislation demands that they deduct 10% of a gross

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carbon tax - wikipedia

A carbon tax is a form of pollution tax. Unlike classic command and control regulations, which explicitly limit or prohibit emissions by each individual polluter, a carbon tax aims to allow market forces to determine the most efficient way to reduce pollution. A carbon tax is an indirect tax—a tax on a transaction—as opposed to a direct tax, which taxes income

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gunshots as mine wrangle turns nasty – zimeye

Jul 09, 2021 · By A Correspondent- The battle for control of a rich gold mine in Odzi near Mutare turned nasty last weekend after Zanu-PF councillor Luxon Mawanga

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g7’s global tax agreement overrated, unfair to africa

Jun 18, 2021 · Furthermore, effective January 1, 2020, Zimbabwe introduced value-added tax (VAT) on the supply of electronic services such as Facebook. We long for multilateralism but the removal of DST in Africa/Zimbabwe as per G7’s proposal, will be a big blow to the much-needed tax revenue since the tax agreement does not bring much revenue to Africa

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business times | redefining business

Business Times, AB Communications Group’s financial and business publication focuses on in-depth analysis of current markets, trends and events. It is aimed at the business reader interested in in-depth news and analysis

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foreign direct investment (fdi) in zimbabwe - investing

The government also waives import taxes and surtaxes on capital equipment. Tax inventives may be obtain in certain sectors such as pharmaceuticals, energy, construction, agriculture and mining. To learn more about inventives for investment, please visit Zimra website. Bilateral investment conventions signed by

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real estate 2021 | laws and regulations | zimbabwe | iclg

Dec 18, 2020 · In 2001, the government of Zimbabwe introduced a carbon tax, being a levy on carbon dioxide-emitting, oil-based energies. The tax enforces compliance on motorists against carbon emissions. The purpose of the tax is to enable the government to deliver climate-sensitive interventions. The tax is collected by the Zimbabwe Revenue Authority (ZIMRA)

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zimbabwe revenue authority

20 rows · Income of company or trust. 14(2c) 24%. Income of pension fund from trade or investment

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zimbabwe: zimra commences deducting mining royalties

Jun 18, 2021 · The Zimbabwe Revenue Authority (Zimra) has begun deducting mining royalties on behalf of the national Treasury. The tax authority instructed all mining bodies to start abiding by the new conditions for making payments for mining royalties effective 27th May 2021. The payment in being made through banking institutions

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zimra should disclose mining tax revenue | 263chat

Jul 18, 2017 · Institutions such as ZIMRA must do more to end the secrecy in the mining sector by publicly disclosing mining tax contribution per each revenue head, mining tax contribution made by each company and per mining project where necessary as well as the cost of tax incentives

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zimra

Jun 04, 2021 · ZIMRA whistle-blower facility. ( Taxman's Corner ) The Zimbabwe Revenue Authority (ZIMRA) has a facility for rewarding private individuals who choose to participate in... 31 May 2021

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mining firms fingered in tax evasion - mining zimbabwe

Mar 09, 2020 · Mining firms fingered in tax evasion. March 9, 2020. Posted in LOCAL. THE country could be losing millions in potential revenue through tax evasion among other underhand dealings involving players in the mining sector, according to the Zimbabwe Revenue Authority (Zimra). Although mining contributes nearly 60 percent of the country’s foreign currency earnings and employs thousands of people, the tax

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zimra executives in us$585m tax evasion corruption scam

Jul 18, 2021 · CORRUPTION skeletons involving a series of multi-billion-dollar tax evasion scandals are tumbling out of the Zimbabwe Revenue Authority (Zimra) cupboard amid a new corruption scam involving Chinese diamond miner Jinan Mining (Pvt) Ltd’s dodgy US$585 million financial transfers across various jurisdictions, including Zimbabwe

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