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04 April 2018

Zimbabwe announces tax amnesty program

Zimbabwe's Finance (No. 1) Act, 2018, promulgated and gazetted on March 15, announced a new tax amnesty program (the Amnesty). The Amnesty applies to interest and penalties on unpaid covered taxes and non-compliance relating to taxes that became due and payable before December 1, 2017. The Amnesty does not extend to the principal amount of any covered tax due and payable.

A Global Tax Alert, attached below, provides additional details.

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Document ID: 2018-0726

 

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