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Zimbabwe 2020 National Budget Presented

|Proposed Changes|Zimbabwe
Zimbabwe

Zimbabwe's Minister of Finance and Economic Development Honorable, Mthuli Ncube, presented the 2020 National Budget Statement to Parliament on 14 November 2019. The main tax-related measures of the Budget include the following:

  • The introduction of s limitation of interest on foreign denominated loans, which provides that interest expenses on foreign loans will be allowable as deductible expens…

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