IMPLEMENTATION LEVEL

National

AFFECTED FLOW

Outflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 01 Jan 2014 | Removal date: open ended

Export tax

In its National Budget for 2014, the government of Zimbabwe included the announcement of a 15% levy on 'unbeneficiated' (i.e., unprocessed) platinum and diamonds exports, as an intermediate step towards an export ban on unbeneficiated platinum to be effectuated by the end of 2014. This would in essence oblige platinum producers to set up processing facilities in the country.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

163 Precious & semi-precious stones; natural abrasives; other minerals
7102 Diamonds, whether or not worked, but not mounted or set.
710210 Unsorted
710221 Unworked or simply sawn, cleaved or bruted
710231 Unworked or simply sawn, cleaved or bruted
413 Basic precious metals & metals clad with precious metals
7110 Platinum, unwrought or in semimanufactured forms, or in powder form.
711011 Unwrought or in powder form

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