Zimbabwe’s 2023 income tax tables were released by the country’s tax agency.
The Zimbabwe Revenue Authority releases tables in US dollars and Zimbabwe dollars. The tables in US dollars were unchanged from 2022, but the tax brackets in the tables in Zimbabwe dollars were adjusted from 2022.
The highest 40% tax bracket starts at 12 million Zimbabwe dollars of annual income, up from 6 million in 2022, or US$36,000 of annual income. Tax rates continue to range from zero to 40%.
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