Sun, 01 Oct 2017 09:20:04 +0000 By MUKOSELA KASALWE STRINGENT mechanisms and systems have been put in place to ensure that both the seller and buyer comply with the issuance of tax receipts or risk being fined when discovered, says Minister of Finance Felix Mutati. Mr Mutati said previously the only way to resolve the issue of non-issuance of tax receipts was through the courts of law. He said the situation was long overdue and that if both the seller and buyer failed to comply with issuance of tax receipts, they would be followed and consequently be fined. The minister said this on Friday evening in Lusaka during the Zambia Institute of Chartered Accountants 2018 National Budget analysis whose theme was “Citizen’s view of the 2018 National Budget. He said there was need to slow down on the accumulation of debt noting that external debt was $7.56bn while domestic debt was K 44.6 bn bringing […]
