Zimbabwe mulls diamond tax cuts to counter smuggling and under-invoicing
Trade Based Financial crimes News
The Zimbabwean government plans to tackle diamond smuggling and under-invoicing by cutting taxes levied on miners, mines minister, Walter Chidakwa has announced.
He told delegates at a November conference that the measures will bolster strategies to stimulate diamond production and keep a higher proportion of the value derived from mining in Zimbabwe for the benefit of the country’s own economy....Log into your ATFCP account to access content at Association of Trade Finance Compliance Professionals.
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