Just In: High Court Sets Aside Govt’s 2 Percent Tax

High Court Judge Justice Zhou has set aside SI 205/2018 on the 2% transaction tax introduced by government last year.

The case was argued by MDC Deputy President Tendai Biti.

The ruling follows an application by Mfundo Mlilo, who challenged the introduction of the 2% tax through Statutory Instrument 205 of 2018. Mlilo argued a Minister could not legally amend an Act via an SI. The tax has, however, since been enacted through the Finance Act of 2019.

More details to follow…

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