Financial Tax

Calculate financial sector taxes including banking levies, transaction taxes, and capital gains. Estimate tax obligations for financial institutions and transactions in Zimbabwe.

Financial Tax Calculator

Banking Levy
0.05%
On total assets
Transaction Tax
Varies
On financial transactions
Corporate Tax
24.72%
On financial institution profits
Capital Gains
20%
On investment profits

* The actual rate applied depends on the specific financial transaction type

Financial Tax Info

Banking Levy:0.05%
Corporate Tax:24.72%
Capital Gains:20%
Filing Frequency:Monthly/Quarterly

Financial Tax Tips

  • Banking levy applies to total banking assets
  • Transaction taxes vary by transaction type and size
  • Capital gains tax applies to investment profits
  • Maintain detailed financial transaction records

Applicable Institutions

Financial taxes apply to:

Commercial banks
Investment banks
Microfinance institutions
Insurance companies
Pension funds
Securities firms

Compliance Requirements

  • Register with relevant regulatory authorities
  • Submit regular financial tax returns
  • Maintain detailed transaction records
  • Comply with anti-money laundering regulations

Tax Rates Breakdown

Banking Assets:0.05%
Corporate Profits:24.72%
Capital Gains:20%
Transaction Tax:Varies by type