Taxation of Trusts in Zimbabwe

Taxation of Trusts in Zimbabwe

Is a Trust Taxable in Zimbabwe? Generally a trust is not taxable under the Zimbabwe tax system. An exception, however, is when it has income to which no beneficiary is entitled. When are Trust Taxed? The taxation of trusts and beneficiaries emanates from the Section 2...
Retention Policy amendments 15 May 2023

Retention Policy amendments 15 May 2023

Reviewing of to 100% Retention of Foreign Currency Domestic Sale Proceeds Reference is made to Exchange Control Directive RY002 dated 03 February 2023, Exchange Control Clarification Notes 1 & 2 of 17 February 2023 and 23 April 2023 respectively, and the Press...