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*FULL TEXT: Treasury Responds To High Court Judgement On 2% Tax* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bh The Ministry of Finance And Economic Development has issued a statement in response to today’s High court judgement that set aside 2% tax imposed on all electronic transactions last year by then-new Minister Mthuli Ncube. Read The statement below. > 18 September 2019 > RE: PRESS RELEASE ON COURT JUDGMENT ON 2, INTERMEDIATED MONEY TRANSFER TAX > The Attorney General has brought to my attention the judgment on SI 205/2018 pertaining to the collection of Intermediated Money Transfer Tax. > That judgment will not affect the collection and levy of the Intermediated Money Transfer Is because the collection of the Tax under that Statutory Instrument 205/2018 was subsequently pvalidated by Parliament under the Finance Act No. 1 of 2019. > Consequently, the 2% tax will continue to be levied. > Hon. Prof. M. Ncube MINISTER OF FINANCE AND ECONOMIC DEVELOPMENT ---------- Pindula is best experienced with the Android App. *Download APK here:* https://zero.pindula.co.zw/media/apps/apks/pindula23.apk _On Econet, Pindula does NOT use your data_ ---------- itel A50 now available on Pindula at $84 64GB storage, 2GB RAM. _ideal for light usage_ _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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