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Withholding of amounts payable under contracts.

Withholding of amounts payable under contracts Zimbabwe Business Ngoda Business Info

Did you know that all registered business operators are required to withhold 10 percent of amounts payable under contract to payees without valid tax clearance certificates? All registered business operators – including Government, quasi-government and statutory corporations – who enter into any contracts which result in an obligation to pay any amounts totalling or aggregating US$250 or more are required …

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