Delta Corporation, ZIMRA tax dispute hits US$97 million

Delta Corporation and its associate, African Distillers (Afdis), are facing cumulative tax assessments from the Zimbabwe Revenue Authority (ZIMRA) totalling approximately US$97 million, up from US$73 million last year. The US$24 million increase is largely linked to the 2021 tax year. The disagreement centres on ZIMRA’s retroactive application of apportionment methods, including a “turnover-ratio method,” […] The post Delta Corporation, ZIMRA tax dispute hits US$97 million appeared first o...