Zimbabwe signs agreements that enable the collection of taxes of crypto and e-commerce companies-taxes
Zimbabwe signs agreements that enable the collection of taxes of crypto and e-commerce companies-taxes
The government of Zimbabwe has confirmed the signing of an agreement with Daedalus World Limited, which enables the latter to collect taxes of crypto and other content providers.
Simbabwes attitude to crypto
The Zimbabwische Government recently said that it had made an agreement with the Daedalus World Limited, based on the British Virgin Islands, which is expected to collect the latter taxes of companies that offer "people and organizations in the territory of the Republic of Betting, Glow and Cryptocurrency Services."
according to News24 test report , the inclusion of crypto-assets in the tax list is the latest signal of the Zimbabwischen government, which indicates that the country gradually changes its stance on cryptocurrencies. How from Bitcoin.com News previously said the currency authorities of the country not plans, cryptocurrencies to introduce.
public-private partnership
Despite these earlier statements by the central bank and others, a general communication from the Minister of Information Technology, Jenfan Muswers, could indicate that the government has changed. In the general announcement of November 19, it says:
"The Republic of Zimbabwe is a public-private partnership agreement with Daedalus World Limited from Tortola, British Virgin Islands, in the framework of which Daedalus World Limited will support the Republic of Zimbabwe by offering a service to collect income through taxation of qualified companies that offer digital services advertising, content, cloud Computing, e-commerce [and] gambling. “
In the meantime, a report from News24 states that the government giant such as Google, YouTube and Facebook is targeted as part of the tax cancellation agreement of Daedalus World Limited.What do you think about this story? Tell us your opinion in the comments below.
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