News: Tax

The Corporate Altruist’s Guide: The Taxation of Donations in Zimbabwe For most businesses in Zimbabwe, the act of giving is a double-edged sword. On one hand, Corporate Social Responsibility (CSR) is a moral and brand-building imperative. On the other, the tax...

The Gift and the Taxman: Navigating Capital Gains Tax on Donations in Zimbabwe In the spirit of generosity, many Zimbabweans choose to gift houses or shares to their children or relatives. However, in the eyes of the Zimbabwe Revenue Authority (ZIMRA), a "gift" is not...

Zimbabwean Tax Deeming Provisions Explained! In the world of law, "deeming" is a kind of legal magic. It is the process where the law instructs us to treat something as true, even if, in reality, it might not be. In the Zimbabwean tax system, these "Deeming...

Understanding Nestle Zimbabwe v ZIMRA: A Landmark Lesson in Corporate Taxation The case of Nestle Zimbabwe (Pvt) Ltd v Zimbabwe Revenue Authority (ZRA) [2024] ZWHHC 236 stands as a pivotal moment in Zimbabwean tax jurisprudence. It provides a masterclass on the...

Finality and the Fiscal Chasm: Lessons from National Foods Limited v. ZIMRA The landscape of Zimbabwean tax law is built upon the bedrock of certainty. For both the state and the taxpayer, the "lifeblood" of the system is the principle that once a tax liability is...