By BUUMBA CHIMBULUTHE Zambia Revenue Authority (ZRA) has been commended for digitising its tax collection systems by experts as technology would augment the authority’s capacity to combat crime. Technology offers progressive and practical solutions to persistent problems affecting various sectors of the economy, according to tax expert, Oliver Saasa.Professor Saasa has however urged the ZRA to undertake extensive consultation due diligence before implementing the proposed Digital Tax Stamps (DTS). He insisted further consultation was needed to ensure systems like the DTS worked as intended.Digital Tax Stamps are paper stamps attached to goods or their packaging to facilitate tracking. The solution is part of Government’s strategy to combat illicit trade, plug revenue leakages and close existing gaps in the tax collection system.“The fact that there still exists several points of contention regarding the project suggests inadequate consultation on the authority’s part. “The system must be introduced as a win-win solution between the tax authority and manufacturers […]
DIGITAL TAX STAMPS NEED MORE CONSULTATION – EXPERT
