Friday, 16 November 2018

US Dollar Taxes Loom In Zimbabwe

Businesses charging goods and services in foreign currency should start paying taxes, particularly value added tax (VAT) in hard currency, according to Zimbabwe Revenue Authority (Zimra) Commissioner General Faith Mazani.

Mazani revealed this yesterday during a Professional Women, Women Executives and Business Women's Forum (Proweb) breakfast meeting in Harare.
US Dollar Taxes Loom In Zimbabwe
She said Zimra has already opened a foreign currency account (FCA) as it gears up to start receiving taxes in hard currency.
The Reserve Bank of Zimbabwe (RBZ) is soon expected to announce that Zimra is now free to start collecting tax in foreign currency.

Source - Business Weekly
Copyright © Africa 24 News. All rights reserved. Distributed by Africa Metro Global Media ( To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, Click Here.

Africa 24 News publishes around multiple reports a day from more than 40 news organizations and over 100 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which Africa 24 News does not have the legal right to edit or correct.

Articles and commentaries that identify Africa 24 News as the publisher are produced or commissioned by Africa 24 News. To address comments or complaints, Please Contact Us.

No comments:

Post a Comment

Contact Form


Email *

Message *