Zimbabwe 2022 Mid-Term Budget Includes Various Proposed Tax Measures

Zimbabwe's Ministry of Finance and Economic Development has published the 2022 Mid-Term Budget and Economic Review & Supplementary Budget, which was delivered on 28 July 2022. Proposed tax (revenue) measures include:

• The review of companies licensed to operate in Special Economic Zones and claiming tax benefits, notwithstanding their failure to attain the key criterion of "qualifying degree of export orientation", to ensure that only companies that export all of their goods and services…