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‘Minister has no authority to backdate tax’

Finance Minister Mthuli Ncube

LEGAL think tank Veritas has said Finance minister Mthuli Ncube, who recently exempted Chinese telecommunications giant Huawei Technologies from paying income tax, has no jurisdiction to backdate tax. Two weeks ago, Ncube gazetted two statutory instruments which backdate Huawei Technologies exemption from paying tax to December 2009. “This is in line with a 2014 “framework…

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