2% TAX TO FUND INFRASTRUCTURE
Government has earmarked the 2 percent intermediated money
transfer tax (IMT), which has performed above target since introduction last
year for infrastructure development among other key economic enablers. Further,
the Government indicated that airt…
Government has earmarked the 2 percent intermediated money
transfer tax (IMT), which has performed above target since introduction last
year for infrastructure development among other key economic enablers. Further,
the Government indicated that airtime levy, which has also performed well
consistently and raked in $11,4 million in April, had been earmarked for
medical equipment.
A report by