Learn languages naturally with fresh, real content!

Popular Topics
Explore By Region
Zimbabwe cuts local digital transfer tax to 1.5% in 2026 to boost its currency, raising VAT to 15.5%.
Zimbabwe will reduce the intermediated money transfer tax on electronic transactions in its local currency, the Zimbabwe Gold (ZiG), from 2% to 1.5% starting January 1, 2026, to lower costs and promote the use of the national currency.
The move supports the government’s de-dollarization efforts and aims to strengthen confidence in ZiG, which operates alongside the U.S. dollar.
The tax rate for foreign currency transactions will remain at 2%.
To offset lost revenue, the value-added tax will increase to 15.5% from January 1, 2026.
25 Articles
Zimbabwe recorta el impuesto local de transferencia digital al 1,5% en 2026 para impulsar su moneda, aumentando el IVA al 15,5%.