Zimra Corporate Tax Rate 2024. Statutory instrument 80 0f 2024; A 1% tax on the value of residential properties exceeding usd 250,000, encouraging equitable wealth distribution.
1% on residential property exceeding usd 250,000 (excluding primary residence), capped at usd 50,000. There are a number of deductions and exemptions that can reduce the amount of tax that a company owes.
