African tax forum opens in Lusaka

tax avoidance
A five days joint African Tax Administration Forum (ATAF),SADC and OECD seminar has opened in Lusaka.

The seminar which is being hosted by the Zambia Revenue Authority (ZRA) seeks to compare tax treaty models from among countries from three regional bodies.

Facilitator of the seminar Elizabeth Storbeck from the ATAF, has told Qfm in an interview that the collaborative event will result in the identification of a treaty model that will best be beneficial for an Africa voice as a treaty to domesticate and be used for the benefit of the continent.

Ms. Storbeck says after five days of deliberation it is expected that all the participants from various counties will apart from having opportunities for networking;also learn from each other’s experiences on tax models.

During the official opening of the five days seminar, ZRA Commissioner General Berlin Msiska observed that double taxation agreement play an important role in tax administration and the furtherance of economic trade and investment.

Mr. Msiska says this is why the five days seminar will be beneficial to all participating countries in capacity building aimed at meeting modern day challenges posed by international transactions and other cross border matters.

The ZRA Commissioner General said this in a speech read for by ZRA Commissioner Domestic Taxes Priscilla Banda.