Zambia Budget for 2020 was presented by the Minister of Finance, Dr. Bwalya Ng’andu, on 27 September 2019. Some of the main tax measures of the Budget include:

• Amendments to the transfer pricing rules to:
  • provide for price premium adjustments;
  • empower the Commissioner General to request sales agreements and third-party invoices relating to the sale of minerals;
  • extend the use of the reference…