Zambia: Transfer pricing measures included in 2021 budget

Zambia: Transfer pricing measures in 2021 budget

The Minister of Finance in late September 2020 presented the 2021 budget that includes certain tax measures.

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With regard to transfer pricing, there are proposals to amend the transfer pricing rules to require country-by-country (CbC) reporting for multinationals operating in Zambia.

Another proposal would increase the threshold for required transfer pricing documentation to ZMW 50 million (approximately U.S. $2.5 million) from ZMW 20 million for domestic companies.


Read a September 2020 report [PDF 2.97 MB] prepared by the KPMG member firm in Zambia

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