Zimbabwe 2021 National Budget Presented

Zimbabwe's Minister of Finance and Economic Development presented the 2021 National Budget Statement to Parliament on 26 November 2020. The main tax-related measures of the Budget include the following:

• The introduction of a Cannabis Levy, chargeable on the value of exports at the following rates corresponding to the level of processing:
  • 10% on the export sales value of finished packaged medicinal cannabis oils that are ready for resale;
  • 15% on the export sales values of bulk extracted med…