OrbitaxOrbitax

Draft Income Tax Act released for public comment

|Proposed Changes|Zimbabwe
Zimbabwe

The Ministry of Finance has released a Draft Income Tax Act for public comment. Comments are to be submitted to the Ministry before the end of October 2010. Proposals in the draft include:

-   changing the tax system from a territorial basis to residence basis;
-   introducing a comprehensive provision on tax accounting principles;

Continue reading with a Pro Subscription

Unlock full Orbitax Tax News content, including a historical database of tax news, alerts, and analysis from our network of tax experts, all tailored to your company footprint. Now includes Orbitax XatBot AI Tax Assistant.

Free trial available. Cancel anytime. Free Orbitax account required.

Already a Pro or Pro+ subscriber? Sign in to Orbitax to continue reading.