|
Details |
Finance Act |
Tax Rate |
|
Income of individual from trade and investments |
14(2b) |
25% |
|
Income of company or trust |
14(2c) |
25% |
|
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 |
25% |
|
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 |
25% |
|
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 |
25% |
|
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 |
25% |
|
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) |
20% |
|
14(3)(b) |
17.50% |
|
|
14(3)(c) |
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% |