• A holder of a special mining lease, corporate income is taxed at a special rate of 15% instead of the general tax rate of 25%.\
  • Suspension of duty on goods imported for specific mine development operations: Customs duty suspension is granted to a mining location importing specified goods during the project’s life cycle for mining development operations such as sinking shafts, installation of machinery,construction,and erection of facilities for the production and conveyance of minerals.
  • Deferment of Value Added Tax: Vat deferment is granted to mining companies on capital equipment imported for a period of ninety days subject to the conditions set by ZIMRA Commissioner-General.
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