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Update - Legislation for Zambia's Replacement of VAT with New Sales Tax

|Proposed Changes|Zambia
Zambia

As previously reported, Zambia will replace its existing value added tax regime with a sales tax regime, with an intended implementation date of 1 July 2019. Legislation for the change has now been approved by Zambia's cabinet and submitted to parliament for approval.  Key points of the new sales tax regime include:

  • Domestic taxable supplies of goods and services will be subject to a…

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