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*Mthuli Ncube Wants Netflix, YouTube, Facebook To Be Taxed* *Follow Pindula on WhatsApp for daily new updates* https://whatsapp.com/channel/0029Va84dngJP21B2nWeyM3v?pu In his 2019 National Budget presentation, Finance Minister Mthuli Ncube bemoaned the fact that foreign operators are taking advantage of technology to provide services to local individuals and thus generate income from Zimbabwe but are not being made to pay tax on it. Said Ncube: ---------- *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 ---------- > Mr Speaker Sir, technological advancements have enabled foreign companies, particularly satellite broadcasters and e-commerce platforms to provide local residents with services from offshore sources. > This income is subject to tax and the activity generating the income is actually paid from a source within Zimbabwe. For the avoidance of doubt and in order to broaden the tax base, I propose to deem income earned by such non-resident service providers to be from a source within the country and liable to tax. *TechZim however argues that this kind of tax will not work in Zimbabwe. For the reasons on why such a tax will not work in Zimbabwe read the article by clicking Here* _If you found this article useful_ *Please support Pindula by forwarding to friends and groups*
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