close
Share with your friends

Zimbabwe: Taxation of non-resident e-commerce platforms, satellite broadcasting services

Zimbabwe: Taxation of non-resident e-commerce platforms

The Finance Act No. 1 of 2019 introduced measures providing for the taxation of non-resident e-commerce platforms and satellite broadcasting service providers.

1000

Related content

Under these provisions, any amount received by or on behalf of an e-commerce platform or satellite broadcasting service provider domiciled outside Zimbabwe from persons resident in Zimbabwe will be treated (that is, will be deemed) to be income from a source within Zimbabwe and subject to tax at a rate of 5% if the revenue exceeds a threshold amount of U.S. $500,000 per annum.


Read an August 2019 report [PDF 1.46 MB] prepared by the KPMG member firm in Zimbabwe

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal