By NATION REPORTER
A REVIEW of the Tax Indebtedness of state owned enterprises has revealed that 20 subsidiaries have outstanding tax obligations to the Zambia Revenue Authority (ZRA) in amounts totaling K3.2 billion as at December 31, 2023.
According to the Auditor General’s Report on Parastatals, Zambia Railways Limited is owing K255 million with ZCCM-IH trailing with a whopping K244 million.
Other institutions that owe ZRA include Indeni Energy Company, which is owing K207 million, Times Printpak Zambia and Zambia Daily Mail both owing over K194 million while ZSIC General Insurance Limited had over K121 million to pay ZRA with ZSIC Limited standing at CLICK HERE TO READ MORE
