ZIMBABWE

SUBSIDY PROGRAMS: GENERAL
Last Reviewed December 31, 2000

Effective February 15, 2000, Import Administration began publishing "Decision Memos" to reduce the size of antidumping and countervailing duty Federal Register notices. In cases in which a decision memo was published, you will find a link to the memo listed below.

In addition, in the following programs, in instances below in which a proceeding was a Sunset Review, you will see the letters SR after the product name.

COUNTERVAILABLE SUBSIDY PROGRAMS

The subsidy programs listed below have been investigated by the Department and have been found to be "countervailable" based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed below the subsidy program title for a full explanation of the Department's analysis in those cases.

Export Incentive Scheme

Carbon Steel Wire Rod (1985) 51 FR 20328 (6/4/86-prelim);   51 FR 29293 (8/15/86-final)

Under the Export Incentive Scheme, the following benefits are provided: 1) a tax-free payment equal to at least nine percent of the f.o.b. value of qualifying exported goods; 2) bonus allocations of foreign exchange calculated at the rate of one percent of the f.o.b. value of the exporter's manufactured exports; and 3) a tax-free payment of five percent of the value of exports within a given period, which are over and above the company's exports registered for the same period during the previous year.

Export Promotion

Carbon Steel Wire Rod (1985) 51 FR 20329 (6/4/86-prelim);   51 FR 29293 (8/15/86-final)

Export promotional assistance, including financial assistance for participation in trade expositions, was provided from the Export Promotion Section of the Ministry of Trade and Commerce.

SUBSIDY PROGRAMS FOUND TO BE NOT COUNTERVAILABLE

The subsidy programs listed below have been investigated by the Department and have been found to be "not countervailable" based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed under the subsidy program title for a full explanation of the Department's analysis in each case where the subsidy program has been examined.

Training Investment Allowance

Carbon Steel Wire Rod (1985) 51 FR 20329 (6/4/86-prelim);   51 FR 29294 (8/15/86-final)

The Training Investment Allowance is available to businesses which construct new buildings and purchase new equipment. The allowance, which is to be used exclusively for employee training, is equivalent to fifty percent of the costs of new buildings and/or equipment. The training allowance is a tax deduction available to all taxpayers for any training building, any addition or alteration to any training building, or any training equipment which is brought into use during the year of assessment. We determined that the program is not limited to a specific enterprise or industry, or group of enterprises or industries.

SUBSIDY PROGRAMS THAT HAVE BEEN TERMINATED

The subsidy programs listed below have been investigated by the Department and have been found to have been terminated based on the criteria established in the Tariff and Trade Act of 1930, as amended. Please refer to this Act for further detail of the criteria applied. In addition, you may click on the cases listed below the subsidy program title for a full explanation of the Department's analysis in each of these cases.

No programs listed.

SUBSIDY PROGRAMS THAT HAVE NOT BEEN USED

When potential subsidy programs are investigated and found not to be used by the companies being investigated, the Department makes no determination as to their countervailability. If you click on the cases listed under the subsidy program title, you will be linked to each case in which the subsidy program was referenced.

Regional Tax Incentives

Carbon Steel Wire Rod (1985) 51 FR 20329 (6/4/86-prelim);   51 FR 29294 (8/15/86-final) not used

In its Income Tax Act, Zimbabwe offers special tax incentives to encourage commercial and industrial development in prescribed "growth point areas." Industries in the designated areas benefit in the following ways: 1) a special initial allowance, or tax deduction, of 100 percent on new commercial or industrial buildings; and 2) an investment allowance equal to 15 percent on the construction of, or additions or alterations to, commercial or industrial buildings, or staff housing, and on new or unused articles, implements, machinery and utensils used in a growth point business.

SUBSIDY PROGRAMS DETERMINED NOT TO EXIST

The following subsidy programs were alleged by the petitioning industries and were investigated by the Department. However, during the investigation we found no evidence that such programs actually existed. If you click on the cases listed under the subsidy program title, you will be linked to each case in which the subsidy program was referenced. It is possible that, while the program named did not exist, a similar program having a different name actually was investigated. If this is the case, you will find that program listed elsewhere in this library.

No programs listed.