Zimbabwe Rolls Out Digital Services Tax

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Zimbabwe begun enforcing a 15% Digital Services Withholding Tax on payments to offshore digital platforms. The government is targeting services such as streaming subscriptions, e-hailing, online advertising and satellite internet. Introduced under the Finance Act, the tax is withheld by banks and mobile money operators and remitted to Zimra. The government says the measure addresses revenue leakages, base erosion and unfair advantages enjoyed by untaxed foreign digital companies.