Zimbabwe Situation

Bigwigs shield companies from ZIMRA 

Source: Bigwigs shield companies from ZIMRA | The Financial Gazette February 1, 2018

Finance and Economic Development, Minister Patrick Chinamasa

A REPORT on the country’s tax situation has alleged that top politicians were encouraging tax evasion or none compliance by the country’s corporate sector, which they have shielded from the Zimbabwe Revenue Authority (ZIMRA).
Official statistics indicate that between 2012 and 2016, ZIMRA reported a positive variance on targeted collections from corporate tax heads only once, and registered negative variances in four consecutive years between 2013 and 2016.

Back to Home page