TAX MATTERS: The taxation of dividends in Zimbabwe

15

https://fingaz.co.zw/wp-content/uploads/penci-text-to-speech/post-276320.mp3?cb=1732295234.mp3EQUITY investment is usually remunerated by way of dividend. Unlike interest, which is payable out of pre-tax money, dividend is payable from profits after tax provided it shall not be paid out of capital profits. In Zimbabwe, the taxation of the dividend follows the source concept, which underscores the geographical sphere of income. Dividend derives…