Zim­babwe scraps dou­ble tax­a­tion

China Daily (USA) - - BUSINESS -

The Zim­bab­wean gov­ern­ment en­acted a lawlast week to re­move dou­ble tax­a­tion for in­di­vid­u­als and firms do­ing busi­ness be­tween Zim­babwe and China, to boost eco­nomic co­op­er­a­tion be­tween the two na­tions. Un­der the Statu­tory In­stru­ment, in­vestors in any of the two states would only be taxed in their coun­try of op­er­a­tion. The move is also ex­pected to im­prove the ease and cost of do­ing busi­ness for ex­pa­tri­ate work­ers in both coun­tries.

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