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*Mudenda proposes 150% tax on secondhand cars to recover forex* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?bk Speaking at a Zimbabwe Revenue Authority (Zimra) and parliamentarians workshop in Harare yesterday, Speaker of Parliament Jacob Mudenda called on Zimra to impose a 150%tax on secondhand vehicles to recover foreign currency that would have been used to buy the cars. Said Mudenda: ---------- *HOT DEALS:* *itel A70 - (128GB, 3GB RAM) $89,* *itel A70 - (256GB, 4GB RAM) $99* *itel P40 (128GB, 4GB), (6000mAh) $99* *itel P40 (64GB, 4G), (6000mAh) $93* *LATEST: itel S24 (128) $124; S24 (256GB) $159* Cash on Delivery in Harare & Bulawayo. Tinotumira kwamuri inosvika. WhatsApp: 0️⃣7️⃣8️⃣3️⃣ 4️⃣5️⃣0️⃣ 7️⃣9️⃣3️⃣ ---------- > You have muscle. Look at all used vehicles that have been coming into the country, taking foreign currency to bring in second-hand vehicles that are parked all over the country. Every corner of Harare, you see these parked vehicles — that is parked foreign currency that has been allowed to go out. What is stopping Zimra from saying ‘if you bring [in] a second-hand vehicle, you pay 120%, 150% of the value of that vehicle in foreign currency? So what went out whether illegally or formally, as they come in, charge them 150% customs duty, you will recover your money, you will recover Zimbabwe’s foreign currency. And for the Japanese, Zimbabwe has become a very big warehouse of second-hand vehicles and after 20 years, where will they get the spare parts from? More: NewsDay _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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