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ZRA to have access to financial data from offshore accounts


ZAMBIA’S efforts to combat cross-border tax evasion and Illicit Financial Flows (IFFS) has gotten a boost, as the country will now be granted access to financial information on its residents held in other jurisdictions.

This information would, however, only be used for auditing and investigative purposes.

The progress comes after the Zambia Revenue Authority (ZRA) joined the Global Forum on Transparency and Exchange of Information for Tax purposes (Global Forum) in January this year, becoming the 171st member. CLICK HERE TO READ MORE


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