Govt Scraps 2% Tax For Tobacco Farmers

Government has removed the two percent Intermediated Money Transfer Tax on tobacco sales.

Tobacco Industry Marketing Board (TIMB) spokesperson Mr Usheunesu Moyo told the Sunday Mail that they expect business at the floors to improve from tomorrow as a result. Said Moyo:

There were some sticking issues with regards the two percent tax and that has since been resolved and we expect all buyers to be buying from Monday onwards. The buyers were not comfortable with the tax and it has now been removed.


Related:


More: Sunday Mail

To Comment, please click here

Featured Profiles

Satisfaction survey
How likely is it that you would recommend Pindula News to a friend or colleague?
SuggestionsHow can we improve?
You have already submitted your feedback. If you would like to add more feedback please write us on hello@pindula.com.

Back to top

Write a Comment

Your email address will not be published.