The income and capital gains tax treaty between Switzerland and Zimbabwe was signed on 19 March 2025. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Swiss federal, cantonal, and communal taxes on income, including total income, earned income, income from capital, industrial and commercial profits, capital gains, and other items of income. It covers Zimbabwean income tax, non-resident shareholders' tax, non-residents' tax on fees, non-residents' tax on royalties, non-residents' tax on interest, and capital gains tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted...