Royalties Withholding Tax

Calculate withholding tax on royalty payments to non-residents. Consider applicable Double Taxation Agreement rates.

Royalty Tax Calculation

Royalty Withholding Tax

Standard Rate:15%
Reduced Rates:5-10% with DTA
Payment Deadline:30 days
Filing Deadline:10th of following month

Royalty Tax Tips

  • Check applicable Double Taxation Agreement rates
  • Withhold tax when making royalty payments to non-residents
  • File withholding tax returns by the 10th of following month
  • Maintain documentation of DTA applicability

Treaty Countries

Zimbabwe has DTAs with multiple countries including:

South Africa
United Kingdom
Netherlands
Germany
Malaysia
Mauritius

Compliance Requirements

  • Obtain Tax Clearance Certificate for non-residents
  • Submit withholding tax return (Form ITF 263)
  • Pay tax due within 30 days of payment
  • Maintain records for 7 years