Investment: the unkindest cut?

Position:Tax reports - Brief article
 
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Zambia risks the ire of its neighbours by increasing tax breaks and lowering the cost of doing business for new investors. The SADC, especially, has been at pains to keep a reasonably uniform tax regime throughout the region as member countries move towards economic solidarity.

Zambia's aggressive courting of investors follows an IMF debt write-off and broadens similar incentives put in place in the mining industry in 2002. Value added tax is pegged at 17.5%...

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