Innscor battles ZIMRA’s tax dragnet
…..hit with nearly US$12m tax bill
CLOUDINE MATOLA Innscor Africa Limited, a cash-rich publicly traded diversified conglomerate, is battling an aggressive tax enforcement dragnet waged by the country’s tax collector, the Zimbabwe Revenue Authority (ZIMRA), which slapped the corporation’s divisions and subsidiaries with US$11.749m in additional income taxes, penalties and interest, Business Times can report. Apparently, Innscor, said the disputed amount…
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