TAX MATTERS: Rebasing tax debts and interest rate a double tragedy!

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https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-286964.mp3?cb=1732294484.mp3 THE minister of Finance and Economic Development, Mthuli Ncube, through the circulated Finance (No 2) Bill, 2022 is proposing that all ZWL$ outstanding tax debts be converted to the foreign currency equivalent at the time the debt is incurred, and payment will be made in ZWL$ using the prevailing inter-bank exchange rate at the time…