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Modernization of Zimbabwe's VAT system

|Zimbabwe
Zimbabwe

To modernize its VAT system, Zimbabwe's Revenue Authority (ZIMRA) has enhanced its VAT returns management through the Tax and Revenue Management System (TaRMS). The new features will be available for tax periods starting June 1, 2025, and include:

  • Automated tax data exchange between TaRMS and the Fiscalization Data Management System (FDMS),
  • Automatic input tax schedule generation, and;
  • Automa…

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