The conventional three-level high frequency phase-shifted dc/dc converter has a disadvantage that a circulating current flows through transformer and switching devices during the freewheeling interval.. Due to this circulating current and RMS current stress, conduction losses of transformer and switching devices increases. To alleviate these problems, we propose an improved three-level Zero Voltage and Zero Current Switching (ZVZCS) dc/dc converter using a tapped inductor, a snubber capacitor and two snubber diodes attached at the secondary side of transformer. The proposed ZVZCS converter is verified on a 7㎾, 30KHz experimental prototype.