HARARE - The High Court of Zimbabwe has ruled in favour of Contitouch Technologies (Pvt) Ltd, declaring foreign currency income tax and VAT assessments issued by the Zimbabwe Revenue Authority (ZIMRA) invalid. Contitouch argued that ZIMRA’s assessments were unlawful because they were denominated in foreign currency, despite the company never having earned any foreign currency as stipulated in section 4(A) of the Finance Act. Full Story: 🔗 https://nehandaradio.com/2025/02/17/high-court-rejects-zimras-claim-for-us80000-in-foreign-currency-taxes/ 📸 Zimbabwe Revenue Authority (ZIMRA)