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Home » TAX MATTERS: Insurance commission tax: A regulatory dilemma with unintended consequences

TAX MATTERS: Insurance commission tax: A regulatory dilemma with unintended consequences

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IN Zimbabwe, insurance businesses must navigate and comply with many tax obligations. Among these several obligations is the property and insurance commission tax in respect of commission paid to freelance agents or brokers. This creates unintended consequences in that the tax liability rests with the person who does not hold any money in their hands…

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