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*We Will Continue To Collect 2% Tax - ED Speaks* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?gt At a Zanu PF North America briefing the president said the minister will continue to collect 2% because a single judge cannot overrule a law. The president was referring to last week’s court judgement by one Justice Zhou who set aside the 2% tax because it is illegal. The President echoed treasury’s position when he said: > Academically, they won the case, but factually they lost the case because we were clever enough. When they went to court they said it was introduced under a Statutory Instrument, but when the Minister of Finance put his Finance Act, we tucked in the provision and it went through Parliament and is now an Act of Parliament. > It cannot be overruled by a judge sitting alone. So, it is now law and the minister will continue collecting the money Mthuli Ncube introduced the controversial 2% tax per electronic transactions above $10 at the infancy of his days as the Finance Minister. He said it would broaden the tax base and increase government revenue. ---------- Latest itel S24 available on Pindula: 128GB storage $119 USD WhatsApp +263783450793 ---------- More: The Herald 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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