zimra mining taxes

3 Mining Taxation in Zimbabwe Moses Madongorere Zimra - YouTube

3 Dec 2013 , 3 Mining Taxation in Zimbabwe Moses Madongorere Zimra zela channel SubscribeSubscribedUnsubscribe 22 Loading, Loading, Working, Add to Want to watch this again later? Sign in to add this video to a playlist

Read More

Zimbabwe November 2013doc - Southern African Development ,

ZIMRA The Zimbabwe Revenue Authority (ZIMRA) is the agent of the state that is in charge of assessing, collecting and reinforcing the , Companies in the Mining sector enjoy exemption from Customs Duty, Value Added Tax and Surtax

Read More

Zimra plans blitz on tax defaulters - Business Daily News Zimbabwe

7 Jun 2015 , The Zimbabwe Revenue Authority (Zimra) has threatened to 'descend' heavily on all tax defaulters who ignore the granted , Industrial Index 15185 -105 (-068%) ; Mining Index 4028 000 (000%); AFDS 5000 000 (000%)

Read More

'Zimra should give SMEs time' | ManicaPost

29 May 2015 , Last year in October Zimra commissioner general, Mr Gershem Pasi announced an amnesty programme to all business, both SME's and large scale , agriculture , mining and quarrying, manufacturing, construction, energy, financial services, transport, retail, tourism and , However, business pundits said the same cataloging system should be considered on taxation by Zimra if it is to.

Read More

Zimbabwe government mulls new mining taxation | The Insider

29 Jun 2015 , The government has approved the drafting of a new tax regime in mining sector it hopes will help bring , Zimra commissioner-general Gershem Pasi said the tax collector would engage companies to recover the over $1.

Read More

Zimbabwe: Mining Firms Get Duty-Free Import Status - allAfrica

28 Jan 2016 , The four firms' tax holiday runs from around September and October 2015 to around the same time in 2018 , The suspensions are tightly controlled by the secretary for Mines and Mining Development and ZIMRA, and they.

Read More

ZIMRA to introduce tax metres in 2016

14 Dec 2015 , The Zimbabwe Revenue Authority (ZIMRA) has stepped up efforts to curb revenue leakag The tax collector will introduce tax metres to capture economic activity by business next year in a development likely to increase tax.

Read More

ZIMRA fails to collect over $1bn in taxes | The Herald

18 Feb 2015 , The Zimbabwe Revenue Authority (ZIMRA) has failed to collect over $1 billion in taxes since 2009 and if it had not opted , Dr Sibanda said it has been observed that most African mining tax authorities at present do not have.

Read More

Incentives Under Customs And Excise | Zimbabwe , - ZIMRA

The Zimbabwe Revenue Authority administers various tax incentives aimed at promoting investment while the Ministry of , (d) Rebate of duty on goods imported in terms of an agreement entered into pursuant to a special mining lease

Read More

2015 Tax Rates | Zimbabwe Revenue Authority (ZIMRA)

Income of a holder of special mining lease 14(2)(f) 15% Income of a company or trust derived from mining operations 14(2) g 25% Income for a person engaged in approved BOOT or BOT arrangement: First 5 years 14(2) h 0% Income f.

Read More

Zimra should come up with tangible solutions on how to increase ,

22 Jun 2014 , No doubt Zimbabwe has many unbanked taxpayers but that does not mean that they should not remit tax , much of the incentives have often been restricted to specialised sectors like tourism and mining with whom up until.

Read More

An Outline Of The Mining Taxation Regime In Zimbabwe

Value Added Tax ZELA Zimbabwe Environmental Law Association ZMRTI Zimbabwe Mining Revenue Transparency Initiative ZIMRA Zimbabwe Revenue Authority ACRONYMS An Outline Of The Mining Taxation Regime In Zimbabwe .

Read More

Impact of tax evasion and avoidance on the economy: A case of ,

19 Nov 2014 , While others put the blame on the Zimbabwe Revenue Authority (ZIMRA) for not living up to expectation ever since the inception with regards to tax administration , others attribute it to the unpatriotic attitude of the taxpayers

Read More

Bulawayo24 NEWS | Zimra misses revenue collections target

3 Feb 2016 , The Zimbabwe Revenue Authority (Zimra) revenue collections for the just-ended year dropped to US$3,5 billion against a , Individual taxes dominated revenue collections, accounting for 22 percent, while excise duty contributed 20 percent and , Mining royalties for 2015 dropped to US$82,13 million from US$191,60 million on the back of a drop in the international commodity pric

Read More

2014 Mid Term Fiscal Policy Review Statement - Deposit Protection ,

11 Sep 2014 , Efficiency in Tax Administration , Mining 30 In 2014, the mining sector was initially projected to grow by 107%, largely driven by anticipated increased , payment of their tax arrears to ZIMRA has also benefited revenue

Read More

Our ref - Zimplats

26 Mar 2015 , , Platinum Mines (Private) Limited, had appealed to the Special Court for Income Tax Appeals in Zimbabwe against a , ZIMRA over which mining royalty rates are applicable to the operating subsidiary The effect of that

Read More

Mining royalties up 154pc - Weekend Post

22 Apr 2014 , ZIMBABWE'S mining royalties went up 154 percent to $79,1 million in the quarter to March 2014 spurred by diamond sales on the international market Gershom Pasi, the Zimbabwe Revenue Authority's (Zimra) commissioner-general, said the growth surpassed a $31,2 , It also included Rural District Councils unit tax, Environmental Management Agency discharge fees and levies from.

Read More

Tracking the trend an assessment of diamond mining sector tax ,

5 Mar 2014 , An Assessment of Diamond Mining Sector Tax Contributions to Treasury with Particular Reference to Marange , The tax mix that ZIMRA administers with respect to mining and applicable to diamond mining companies is.

Read More

Claiming of input tax on - ICAZ

16 Apr 2013 , of in their day to day tax administration: Coverage: Personal Income Tax Corporate Tax Capital Gains Tax , PAYE deducted and paid to ZIMRA by the last day , Special mining lease and mining operations, 15% An

Read More

Presumptive Tax | Zimbabwe Revenue Authority (ZIMRA)

Presumptive Tax legislation was introduced to broaden the revenue base in view of the increase in informal business activiti Selected sectors of the economy were targeted to ensure the participation of informal businesses in tax payment in .

Read More

The effectiveness of internal controls in revenue management: A ,

Keywords: revenue management, tax base, internal controls, accounting records, segregation of duti Copyright , The formation of ZIMRA was mainly to facilitate the widening of the tax base by streamlining the tax tax , updating the SAP and ASYCUDA systems will increase speed in data mining and generation of.

Read More

Zimra raids mining companies' bank accounts - NewsDay Zimbabwe

21 Nov 2014 , HE Zimbabwe Revenue Authority (Zimra) last week reportedly garnished several mining companies' bank accounts with outstanding tax

Read More

Businesses in distress: Zimra misses revenue collections by US$220m

5 Feb 2016 , She said this also showed Zimra's tax collection limitations and underscored the need for digitalisation and , sales, withholding tax on contracts, mining royalties, company tax and other taxes had missed collection targets

Read More

Taxes - Zimbabwe Investment Authority

Income of a holder of special mining lease 14(2)(f) 15% Income of a company or trust derived from mining operations , Operators of restaurants or bottle stores ; Operators of cottage industry; For more details please refer to Zimra website

Read More

Zimra after Econet? - Lynton-Edwards Stockbrokers

24 Jul 2014 , The Zimbabwe Revenue Authority's tax dragnet has reportedly swooped on Econet Zimbabwe, which is now , The current operating mine can't support this cash drain at Dalny Mine in the current gold price and taxation.

Read More

Zimbabwe Revenue Authority - Pindula

ZIMRA Logo The Zimbabwe Revenue Authority is a government department which is responsible for the collection of , Turning to mining royalties, the tax collector reported that third quarter collections stood at $39 million against a target of.

Read More

Zimra tax collections drop 3 pc in H1 | The Sunday Mail

29 Jul 2015 , However, individual tax collections at 23 percent and excise duty at 21 percent contributed the bulk of the revenues, , prices have been retreating, so, too, has been the contribution made by local mining royalties to the fiscus

Read More

Zimra - Search Results - DailyNews Live

The national tax collector's chairperson Willia Bonyongwe yesterday said mining royalties contributed $39,8 mil , Last year, government made a provision for tax defaulters to approach the authority with payment plans, but Zimra

Read More

Capacity building in Zimbabwe's mining sector | Adam Smith ,

Providing mining taxation training to staff in Zimbabwe's Revenue Authority , This growth has led to a need for greater capacity and efficiency in Zimbabwe Revenue Authority (ZIMRA) in order to regulate the sector and enable the authority to.

Read More

Zimbabwe 2015 Budget Proposals - PwC

27 Nov 2014 , This bulletin summarises proposed tax changes contained in the Budget Statement presented to the , companies from Non-Residents' Tax on Commission Fe 4 Mining sector Diamonds sold by mining companies to licensed local diamond , remitted to ZIMRA has been increased from an aggregate of

Read More

Tax Disputes Expose Poor Mining Agreements - Publish What You ,

9 Mar 2015 , The news surrounding the tax dispute between Zimbabwe Platinum Mines ( ZIMPLATS) and the Zimbabwe Revenue Authority (ZIMRA) clearly demonstrates the imperative for full disclosure of mining contracts or mining.

Read More

What is the Basis of Charging Mining Royalties? | Zimbabwe , - Zimra

Website of the Zimbabwe Revenue Authority (ZIMRA) - News, Notices, Taxation and Service Information, Forms, etc , The royalties are collectable from all the minerals or mineral bearing products obtained from any mining location and.

Read More

BH24 » New mining tax regime, Income Tax Act approved

29 Jun 2015 , Government has approved the new mining tax regime and the Income Tax Act which are meant to create conducive , This was said during the announcement of 10 new ZIMRA board members responsible for tax auditing and.

Read More

Govt crafts measures to punish tax offenders | Free & Fair Zimbabwe ,

15 Jan 2016 , Another source at the Zimbabwe Revenue Authority (Zimra) said the government agency noted with concern how , Company tax missed collection targets by 31, 34% while mining royalties also missed the targets by 55,62%

Read More

SMEs Chat-Zimra coming for SMEs: Avoid being whipped - The ,

7 Feb 2016 , At the beginning of this year, the Zimbabwe Revenue Authority (Zimra) announced that it would no longer be issuing tax clearance certificates manually as in the past Taxpayers are now applying for tax clearance certificat

Read More

Zimra chief in bank tax scandal - Zimbabwe Situation

28 Aug 2015 , ZIMBABWE Revenue Authority (Zimra) commissioner-general Gershem Pasi is embroiled in a conflict of interest saga , The report, compiled in March, shows that Tetrad Bank owed Zimra US$1 692 130 in taxes, although this figure could have now , down on bank forex tax Zimra raids mining companies' bank accounts Zimra tightens remuneration monitoring to boost tax earnings.

Read More

Chinese firms flouting Zim tax laws - New Zimbabwe

16 Jun 2015 , The envelope contained the payroll for Jinan Corporation which mines diamonds in the eastern part of Zimbabwe and is currently at the centre of a tax dispute with Zimra Jinan is accused of under-declaring Pay As You Earn.

Read More

SMEs up in arms against Zimra - Southern Eye

11 Dec 2014 , ZVISHAVANE-BASED informal traders besieged the Zimbabwe Revenue Authority (Zimra) offices yesterday , for failing to remit taxes, saying it was contributing to increasing unemployment and poverty in the mining town

Read More

Copyright © 2014. DXN All rights reserved.