State to curb tax avoidance

ZAMBIA Revenue Authority (ZRA) is optimistic that the transfer pricing rule that Government is working on for possible enactment next year will enable the authority to effectively handle tax avoidance matters especially by multinational enterprises.

ZRA commissioner general Kingsley Chanda said with financial and technical support from the Norwegian Tax Administration (NTA), the authority has managed to improve its audit approach in the transfer pricing, mining and non-mining tax audit units.

Mr Chanda said at the Evaluation workshop on NTA-ZRA cooperation for 2011-2017 on Tuesday that the cooperation has enabled the two institutions to develop an annual systematic tool that analyses financials of the top three mining…

Facebook Feed