🗃️ Analysis of the Reintroduction of Non-Resident Tax on Interest (NRTI) The proposal to reintroduce the 15% Non-Resident Tax on Interest (NRTI), bringing back Sections 29 and the 16th Schedule of the Income Tax Act which were repealed in 2009, is a significant policy...
💸 Analysis of the Proposed Increase in Betting Tax The proposed increase in taxes on the betting industry targets two main areas: operators (bookmakers, lotteries, and casinos) and punters (bettors). The policy aims to enhance government revenue, bring the sector...
💰 Analysis of the Proposed Progressive Cash Withdrawal Levy (US$) The proposed progressive cash withdrawal levy on foreign currency (US$) withdrawals from banks is a direct policy tool aimed at influencing behavior within the economy. The primary goal is to increase...
Redefining Digital Tax: Zimbabwe’s Shift to 15% DSWT and a Strict USD Requirement for Imported Services HARARE — Effective January 1, 2026, Zimbabwe is embarking on a comprehensive overhaul of its tax framework for cross-border transactions, introducing a targeted...
Bye-Bye "Reverse Charge": Zimbabwe Ushers In the 15% Digital Services Withholding Tax (DSWT) The digital economy is rapidly reshaping commerce, but national tax systems are struggling to keep pace. In a significant effort to modernize its fiscal framework and capture...
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