The transfer pricing rules in Zimbabwe apply for taxpayers that operate in more than one tax jurisdiction and that have cross-border transactions with related parties or entities, as well as for taxpayers that are part of a domestic group of companies and that have intercompany transactions with local (domestic) related parties.
If the transfer pricing rules apply, the taxpayer must:
Failures to maintain contemporaneous documentation or to turn over information to the tax authorities will result in penalty assessments.
The transfer pricing rules in Zimbabwe also provide:
Read a May 2019 report [PDF 1.75 MB] prepared by the KPMG member firm in Zimbabwe
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