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newzimbabwe - 12 days ago

Zimplats wins US$7million royalties battle against ZIMRA, court slams tax collector for non-existent mineral rates in landmark ruling 

The High Court has ruled that Zimbabwe Platinum Mines (Private) Ltd (Zimplats) is not liable for more than US$7 million in royalty “shortfalls” claimed by the Zimbabwe Revenue Authority (ZIMRA), after finding that the law did not provide royalty rates for matte and concentrate during the disputed period. Justice Rodgers Manyangadze delivered the landmark ruling [ ] The post Zimplats wins US$7million royalties battle against ZIMRA, court slams tax collector for non-existent mineral rates in landmark ruling  appeared first on NewZimbabwe.com.


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