Business

Zimra moves to counteract profit shifting

ZIMBABWE has introduced new requirements for companies with offshore or multinational affiliates, mandating changes in their processes to allow the tax authority to verify the legitimacy of invoices and transactions before an audit’s conclusion. This measure aims to mitigate Base Erosion and Profit Shifting (BEPS), a practice where multinational corporations manipulate profits to transfer them…

To access this content, please purchase a subscription by clicking the button below and select a package of your choice!
Subscriptions