THE Zambia Revenue Authority (ZRA) says it has strengthened system controls around the issuance of Tax Clearance Certificates (TTCs) in a bid to address tax evasion and illicit financial flows. ZRA Corporate Communications Manager Oliver Nzala says the authority has observed a trend where some businesses register with the Patents and Companies Registration Agency (PACRA) but fail to register for the tax types applicable to their operations. In a statement, Wednesday, Nzala said suspicious transaction reports submitted to ZRA by the Financial Intelligence Centre revealed instances of PACRA registered entities holding TPINs and conducting financial transactions without appropriate tax accounts. He added that Tax Clearance Certificates would only be issued to businesses that registered for the respective tax types applicable...