Zimra Rate On Mining Equipment

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INCOMETAX Taxable Income of a Holder of Special Mining LeaseA holder of a special mining lease, corporate income is taxed at a special rate of 15% instead of the general tax rate of 25%.However, holders of a Special Mining Lease are liable to Additional Profits Tax (APT).

Answers - ACCA Global

The amounts should have been paid to ZIMRA as follows: ... – Preferential business tax rate – Customs duty dispensations on importation of mining equipment

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“Taxable income from a manufacturing company, which exports more than 51 percent of its output is taxed at the rate of 15 percent.” Kuzvinzwa also said manufacturers can enjoy rebate of duty on capital equipment import for the manufacturing, mining, agricultural and energy industry, while the tourism industry enjoys suspension of duty on ...

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Minister of Mines Walter Chidhakwa GOVERNMENT has allowed four more mining firms to import capital equipment duty-free as it seeks to improve one of the sectors that economic analysts say is key to the resuscitation of the country’s moribund economy.

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Fiscal Incentives In The Mining Sector-Zimbabwe | …

INCOMETAX Taxable Income of a Holder of Special Mining LeaseA holder of a special mining lease, corporate income is taxed at a special rate of 15% instead of the general tax rate of 25%.However, holders of a Special Mining Lease are liable to Additional Profits Tax (APT).

Answers - ACCA Global

The amounts should have been paid to ZIMRA as follows: ... – Preferential business tax rate – Customs duty dispensations on importation of mining equipment

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Incentives Under Customs And Excise | Zimbabwe ... - ZIMRA (a) Rebate of duty on goods for the mining industry ... the sinking of shafts; and; the installation of machinery, equipment, implements, utensils and other articles...

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