Zimbabwe tax defaulters to face the music

Gershem Pasi commissioner-general has said Zimra will toughen its stance on taxpayers that failed to own up under the tax amnesty.

A tax amnesty is a limited-time opportunity for a specified group of taxpayers to pay a defined amount, in exchange for forgiveness of a tax liability (including interest and penalties) relating to a previous tax period or periods and without fear of criminal prosecution.

The amnesty ended in September.

It was extended twice to give taxpayers adequate time to comply with fiscal legislation.

The tax amnesty was on any non-compliance which occurred during the period beginning February 1 2009 to September 30 2014.

Pasi told stakeholders at the Taxpayer Appreciation Day on Friday that the amnesty was a golden opportunity for Zimra clients to regularize their tax affairs.