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Zimbabwe Unveils 2026 Tax Reforms: Higher VAT, Digital Services Tax, New Import Rules

  • VAT increased from 15% to 15.5%.
  • VAT on imported services must be declared and paid in the currency of trade (reverse charge).
  • VAT registration requirement relaxed for operators dealing only in VAT-exempt supplies.
  • A 15% digital services withholding tax introduced on payments to offshore digital platforms, replacing VAT on imported services.
  • Paying agents, including financial institutions, must withhold the new digital services tax.

Source: regfollower.com

Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.



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