Miners call for inclusivity in tax amendments
Wednesday, November 12, 2014
Nyamadzabo
Anglo American Group Head of Tax, Keith Tucker was speaking during the Commonwealth Association of Tax Administrators (CATA) conference on Monday here. He said governments should recognise specific characteristics of the mining industry, including relief for exploration infrastructure spending and appropriate reliefs for capital expenditure.
“The overall impact and interaction of all applicable taxes, the tax base and when a tax is levied is more important than any specific tax rate.
The situation is exacerbated by the ruling party’s admission that some of its most important election promises remain unfulfilled. This is not the change many Batswana had expected. The UDC was elected into power on a strong promise to improve lives, create jobs, protect workers and repair public services. It is therefore, not enough for the party to point only to new ministries, policies and long-term plans. These may be necessary, but...