|
Details
|
Finance Act
|
Tax Rate
|
|
Income of individual from trade and investments
|
14(2b)
|
24%
|
|
Income of company or trust
|
14(2c)
|
24%
|
|
Income of pension fund from trade or investment
|
14(2)d
|
15%
|
|
Income of licensed investor during first five years of operation
|
14(2) e
|
0%
|
|
Income of licensed investor after first five years of operation
|
14(2) e
|
24%
|
|
Income of a holder of special mining lease
|
14(2)(f)
|
15%
|
|
Income of a company or trust derived from mining operations
|
14(2) g
|
24%
|
|
Income for a person engaged in approved BOOT or BOT arrangement: First 5 years
|
14(2) h
|
0%
|
|
Income for person engaged in approved BOOT or BOT arrangement: Second 5 years
|
14(2) h
|
15%
|
|
Income of industrial park developer before 5th year of operations
|
14(2) i
|
0%
|
|
Income of industrial park developer after 5th year of operations
|
14(2) i
|
24%
|
|
Income of operator of a tourist facility in approved tourist development zone before the fifth year of operation
|
14(2) j
|
0 %
|
|
Income of operator of a tourist facility in approved tourist development zone after the fifth year of operation
|
14(2) j
|
24%
|
|
Income from manufacturing of a company which exports :
- more than 30% or more of its output but less than 41%,
-more than 41% or more of its output but less than 51%
-more than 51% or more of its output
|
14(3)(a)
14(3)(b)
14(3)(c)
|
20%
17.5%
15%
|
|
Aids Levy: Rate is based on tax chargeable
|
|
3%
|
|
Dividends from company incorporated outside Zimbabwe
|
14(5)
|
20%
|
|
Income of Special Economic Zones for the First 5 years of operation
|
Sec 3 of Fin no. 2 of 2017
|
0%
|
|
Income of Special Economic Zones after the First 5 years of operation
|
Sec 3 of Fin no. 2 of 2017
|
15%
|
| |
|
|
