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newzimbabwe - 21 days ago

Zimbabwe lithium miners seek VAT moratorium until end of 2026

Bloomberg Zimbabwean lithium miners have asked the government to defer the imposition of a tax on concentrates until the end of 2026, so they can raise capital to construct processing plants. The southern African country levies VAT of 5% on lithium concentrates, which have to be beneficiated to a certain level to avoid the tax. The post Zimbabwe lithium miners seek VAT moratorium until end of 2026 appeared first on NewZimbabwe.com.


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