Compliance by formal firms with consumption taxes such as Value Added Tax (VAT) remains low in Zambia.
Substantial VAT evasion happens at the point of retail sales, translating into lower VAT remittances to the treasury.
The Zambia Revenue Authority (ZRA) has implemented various policy tools targeted at this type of tax evasion. One key policy intervention was the...
2 Jul 2021 | Twivwe Siwale, Brian Dillon, John Mulenga, Kangwa Musole