LATEST: Taxman targets churches
Comm-Gen Pasi
Farirai Machivenyika Senior Reporter
The Zimbabwe Revenue Authority (Zimra) will soon tax churches and is working on a legislative framework for the purpose and should be ready by November.
This was said today by Zimra Commissioner General Gershem Pasi when he appeared before the portfolio committee on Small and Medium Enterprises and Cooperatives Development.
“We are now focusing on them (churches) and we have engaged them, we are setting parameters,” he said.
“We don’t care how they make their money and come November we will be through with our legislative proposals to the minister (Patrick Chinamasa Finance and Economic Development) which will tighten that area because we have seen loopholes there. They are not immune to taxation.”
Details to follow…
You Might Also Like
-
Fungi Kwaramba in MURAMBINDA ZIMBABWE will draw from its heroic past, human capital and mineral resources to confront and triumph against any form of adversity, including sustained attempts to weaken the country’s currency and drive up inflation, President Mnangagwa has said. Addressing thousands of people who attended yesterday’s Independence Day celebrations in Murambinda, the President […]
Agriculture Journal
Comments