Tuesday 16 October 2018
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10 days ago

Finance Minister Ncube in tax climbdown after bowing to public anger … reveals when his tax review will be effective

FINANCE Minister Mthuli Ncube yesterday unveiled several exemptions to the tax on monetary transfers saying the 2 cents per dollar tax will only apply to transactions of $10 and above while intra-company transfers as well as transfers of salaries, tax payments, foreign currency-related payments and transfer of funds by the government will also be exempted. [ ]

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