Zimbabwe’s High Court Annuls 2% Digital Transactions Tax (1)

Sept. 18, 2019, 10:46 AM UTCUpdated: Sept. 18, 2019, 4:27 PM UTC

A Zimbabwean High Court nullified a 2% digital transactions tax imposed almost a year ago by Finance Minister Mthuli Ncube. The government says the ruling will have no effect because legislation has now been passed.

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 Tendai Biti, who ...

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