Companies are generally taxed at a corporate rate of 30% on profits. However, companies operating in certain sectors have a different corporate tax rate. Income from farming and agro-processing is taxed at 10% and income from other non-traditional exports is taxed at 15%. Telecommunications comp...
USD (DXY) 13 DECEMBER 2024 The Bullish Case: + Tax cuts, deregulation to spur inflows, lift growth + Immigration curbs, tariffs to keep Fed hawkish The Bearish Case: –Lower real rate differentials –Correction of expensive valuationVideos...
there is a corporate income tax charged at the rate of 30% to companies conducting mining operations pursuant to the Income Tax Act. Secondly, there is a limitation on the deduction of losses to 50% of taxable income. Withholding tax on dividends declared by a company carrying...
-- Zambia's power utility says it will not renew its agreement with a firm that supplies power to mining firms because the deal has not been beneficial. Patrick Mwila, Zesco Limited director for strategy and corporate services says the agreement with the Copperbelt Energy Corporation (CEC) which...