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newzimbabwe - 2 month ago

CZI cautions against ‘over-taxation’, urges one year lifespan for 2% transfer tax

By Robert Tapfumaneyi ZIMBABWEAN industrialists have called on government to scrap its controversial 2 percent electronic transfers levy within a period of one year while cautioning that economies were never “developed through over-taxation”. Under the so-called Transitional Stabilisation Programme, Finance Minister Mthuli Ncube imposed the levy a fortnight ago in attempts to give government room The post CZI cautions against ‘over-taxation’, urges one year lifespan for 2% transfer tax appeared first on New

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