DT20858 - Zambia: Tax spared

The agreement provides for relief for tax `spared’ (see INTM161270 & 161280) in Zambia under the provisions of Zambian law set out in Article 23(1)(A).

Relief is restricted to tax `spared’ in Zambia for a period of ten years in respect of any one source of income.

Amounts of tax `spared’ for which relief is given should be reported as mentioned at INTM161290.