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tax evasion bleeds Zambia
…Dingani Banda, Zambia’s taxman expounds challenges in collecting tax, but confident at meeting targets as evasions, loopholes are being sealed
…Dingani Banda, Zambia’s taxman expounds challenges in collecting tax, but confident at meeting targets as evasions, loopholes are being sealed
By MUKWIMA CHILALA
ZAMBIA is literary bleeding as a result of tax evasion, particularly in the area of Value Added Tax (VAT) because of ,among other reasons, high levels of noncompliance and ineficiency in revenue collection, which has never gone beyond 20 percentby, the Zambia Revenue Authority (ZRA) has said.
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