REFUND abuse is problematic especially when implementing the Value-Added Tax (VAT). Just like any other tax, the VAT is vulnerable to evasion and fraud.
TOWARDS ENDING ABUSE IN VAT REFUNDS

A man counts out Zambian kwacha 50 denomination banknotes in this arranged photograph in Lusaka, Zambia, on Thursday, Oct. 8, 2015. Zambian Finance Minister Alexander Chikwanda is seeking to restore confidence in the economy to help reverse the world's worst currency performance, record borrowing costs and sliding growth. Photographer: Waldo Swiegers/Bloomberg
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