A Zimbabwean High Court nullified a 2% digital transactions tax imposed almost a year ago by Finance Minister
High Court Judge Happious Zhou set aside the electronic tax on Sept. 18 following an appeal. Zimbabwe’s Treasury collects an average of Z$100 million ($7.24 million) monthly from the tax introduced last October, according to the Treasury.
“Ncube imposed a tax without a legal instrument, and he also overrode parliament, which had a transnational tax in 2010,” former finance minister
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