Zimbabwe

Foreign tax relief

As a result of the source rules, few items subject to foreign tax are liable to Zimbabwean taxation. There is, however, a general unilateral provision for relief from double taxation.

Relief in the form of a tax credit from Zimbabwean tax is allowed for taxes paid on foreign income. The aggregate credit allowed may not exceed an amount that bears to the total tax payable in Zimbabwe the same ratio as the foreign income taxable in Zimbabwe bears to the total taxable income.