The Minister of Finance in late September 2019 presented the 2020 budget.
Among the tax measures included in the 2020 budget are transfer pricing amendments that would:
Other transfer pricing-related proposals in the budget would revise the definition of certain terms—actual conditions, arm’s length conditions, and related or associated persons—and would provide for a transfer pricing adjustment arising from a transaction with a resident (domestic) and non-resident related person
Read a September 2019 report [PDF 1 MB] prepared by the KPMG member firm in Zambia
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