Marvelous Tapera 
12
EQUITY investment is usually remunerated by way of dividend. Unlike interest, which is payable out of pre-tax money, dividend is payable from profits after tax provided it shall not be paid out of capital profits.
In Zimbabwe, the taxation of the dividend follows the source concept, which underscores the geographical sphere of income. Dividend derives its source from the place the principal share register is kept.
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As a general rule, this is at the registered office of the company or the country of incorporation. By extension, a dividend is from a source within Zimbabwe, if paid by a resident company.
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