Home | News | SIKHANYISO SLAMS TAX LAWS

SIKHANYISO SLAMS TAX LAWS

Font size: Decrease font Enlarge font
image

EZULWINI - The country’s strategies of making money through tax should not be at the detriment of emaSwati.


This was said by Minister of Information, Communication and Technology (ICT) Princess Sikhanyiso, who said the country’s tax laws were adverse towards investor appetite to participate in business.


As a result, the country was only focused on making money through taxing the people instead of reviewing the laws that stifled foreign investments.
In vernacular the princess said, “Live aliyakhe imali kodvwa hhayi ngemaSwati”.


Making her submission after a presentation by the Eswatini Revenue Authority (SRA) at the Happy Valley Hotel yesterday, the minister first stated that she wanted to mourn (kulila) for the country, and then started describing the many ways in which she felt the tax laws were a problem.
“Right now as we are speaking, there are companies all over the country that are being owed by government. How do you collect taxes from such companies when they are being owed? I am asking this because we all know the current financial situation of the country,” she said.


Concerned


She said she was also concerned about how the country’s laws allowed for the taxation of donations made by foreign organisations.
“One example I have is that of a broadband innovation that was to cater for hospitals. The technology came and could not be used because of the demand for tax. Why are donations taxable? My view is that they are as good as coming from NGOs,” she said.


In jest, she mentioned that she was even surprised that the country now taxed churches, which meant that Jesus Christ Himself was the victim.
Expanding on her submission, she mentioned that His Majesty King Mswati III had given the new government a mandate to identify economic development projects on various sectors, including agriculture.

Comments (0 posted):

Post your comment comment

Please enter the code you see in the image:

: Ex-politicians
Should ex-politicians be paid their gratuity before Christmas?