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MRA to implement Advanced Income Tax on imports

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Malawi Revenue Authority (MRA) will from May 1, 2022 start implementing a three percent Advanced Income Tax (AIT) on goods imported for commercial purposes. MRA’s Deputy Commissioner of Customs and Exercise, Chimwemwe Kawalewale announced this on Tuesday during a press briefing saying that the AIT is aimed at bringing the informal sector into the tax […]

The post MRA to implement Advanced Income Tax on imports appeared first on Malawi 24.

Source: Malawi 24 | Malawi news

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