Publish Sales Tax implementation guidelines – CTPD
Published On March 27, 2019 » 2266 Views» By Times Reporter » Business, Stories
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THE Centre for Trade Policy and Development (CTPD) has urged Government to publish guidelines on pending sales tax implementation, which comes into effect April 1.
No one knows how this tax will be implemented nor the rates at which it will be implemented, this is not good on the part of business entities, especially that the new tax brings into play a number of adjustments on the part of tax payers, CTPD executive director Isaac Mwaipopo said.
Mr Mwaipopo said in a statement in Lusaka yesterday that in presenting the 2019 National Budget address before parliament, the Minister of Finance indicated that Zambia would shift towards using sales tax effective April, 2019, this proposal came as a surprise to many especially that countries are now moving away from this type of taxation due to challenges in implementation.

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