The impending Sales Tax will subject Zambians to even worse economic hardships than what is being experienced now, the Zambia Tax Platform (ZTP) has warned. In an analysis of the proposed Goods and Services Tax (GST), the ZTP, a Centre for Trade Policy and Development (CTPD) research unit, warned that Zambians will be subjected to worse economic hardships owing to the devastating consequences the GST will have on eroding household incomes, triggered by its inflationary effects. “Sales Tax promises to clear the accumulated VAT refund bill, but comes with its own limitations, such as the cascading effect which leads to inflation, the reduction in taxable transactions due to higher prices, and the fall in employment and revenue due to the…...

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