MNEs and companies with associate transactions will be required for the first time in Zimbabwe to file Transfer Pricing returns. Disclosure is also required when taxpayer has transactions with tax …
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Prepayments tax status
Posted by: Tax Matrix Team
Companies tend to make prepayments because suppliers may insist on receiving payments before they make a supply. This is often a custom in the insurance industry, where they request for …
Bad debts’ recoverability
Posted by: Tax Matrix Team
Businesses are facing significant and unprecedented challenges caused by the COVID-19 pandemic and economic backlash. One of the main challenges is that both businesses and clients have not only fallen …