2019 Finance No. 1/2019 4 New section substituted for section 22G of Cap. 23:04 With effect from the 13th October, 2018, section 22G of the Finance Act [Chapter 23:04] is repealed and the following is substituted— “22G Intermediated Money Transfer Tax The intermediated money transfer tax chargeable in terms of section 36G of the Taxes Act shall be calculated at the rate of zero comma zero two United States dollars on every dollar or part thereof transacted for each transaction on which the tax is payable: Provided that if a single transaction on which the tax is payable is equivalent to or exceeds five hundred thousand United States dollars, a flat intermediated money transfer tax of ten thousand United States dollars shall be chargeable on such transaction.”. Amendments to Income Tax Act [Chapter 23:06] 5 Amendment of section 12 of Cap. 23:06 With effect from the 1st January, 2019, section 12 (“Circumstances in which amounts are deemed to have accrued from sources within Zimbabwe”) of the Income Tax Act [Chapter 23:06] is amended— (a) in subsection (1) by the insertion of the following paragraph after paragraph (e)— “(f) in the circumstances specified in subsections (6) and (7).”; (b) by the insertion of the following subsections after subsection (5)— “(6) Any amount receivable by or on behalf a satellite broadcasting service domiciled outside Zimbabwe from persons resident in Zimbabwe in respect of the provision or delivery of television or radio programmes to those persons shall be deemed to be income from a source within Zimbabwe. (7) Any amount receivable by or on behalf of an electronic commerce platform domiciled outside Zimbabwe from persons resident in Zimbabwe in respect of the provision or delivery of goods or services to those persons shall be deemed to be income from a source within Zimbabwe. (8) In subsections (6) and (7)— “electronic commerce platform” means a service which by the use of a telecommunications service or electronic means (and whether mediated by computers, mobile telephones or other devices) sells and delivers goods and services to customers; “satellite broadcasting service” means a service which by means of a satellite (whether or not in combination with cable optical fibre or any other means of delivery) delivers television or radio programmes to persons having equipment appropriate for receiving that service.”. 6 New section inserted in Cap. 23:06 With effect from the 1st January, 2019, the Income Tax Act [Chapter 23:06] is amended by the insertion of the following section after section 12— 5