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Modernization of Zimbabwe's VAT system

||Zimbabwe
Zimbabwe

Zimbabwe's fiscalization journey began in 2010 and initially applied only to VAT-registered retailers. This framework has since developed into the current Fiscal Device Management System (FDMS), launched in 2023, as part of the country's ongoing tax digitalization efforts. Since September 2023, all invoices must include QR codes, following Public notice 50/2023. 

 

To modernize its VAT system, Zimbabwe's Revenue Authority (ZIMRA) has enhanced its VAT returns management through the Tax …

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