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: No inception date

Export tax

 The following measures have been proposed in Zimbabwe's 2010 budget read on 2 December 2009. The measures are:
i) Reduction in corporate tax rate from 30% to 25%.
ii) Increase in mineral royalties on precious metals such as gold and platinum from 3% to 3.5%.
iii) Export tax rate of 15% on exports of unprocessed chrome to foster domestic processing of chrome ore.
iv)Extension by a further six-months the suspension of duties on imported foodstuffs, until mid-2010.
v) Reduction in duty on small imported motor vehicles from 40% to 25% 

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

491 Motor vehicles, trailers & semi-trailers; parts
8703 Motor cars and other motor vehicles principally designed for the transport of persons (other than those of heading 87.02), including station wagons and racing cars.
870323 Of a cylinder capacity exceeding 1,500 cc but not exceeding 3,000 cc

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