Zimra targets to collect US$7 billion in revenue

The move comes as Zimbabwe’s digital economy expands, with businesses increasingly using online platforms to market and sell goods and services, cre­ating new challenges for tax authorities seeking to ensure that transactions are properly declared.

THE Zimbabwe Revenue Authority (Zimra) says it is targeting to collect US$7,16 billion in revenue this year, supported by various revenue enhancement measures.The national tax collector said the ambitious goal is supported by measures including improved tax compliance, expanded digital platforms and enhanced administrative efficiencies within Zimra.“Key to achieving this target will be the successful…

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