GOVERNMENT has released the country’s 2024 Tax Expenditure Report, marking the second consecutive year in which it has provided a comprehensive account of revenues forgone through tax incentives, exemptions, reliefs and preferential tax treatments. In a statement issued by the Ministry of Finance, Wednesday, Finance and National Planning Minister Dr Situmbeko Musokotwane said the consecutive publication of the report confirmed the government’s commitment to institutionalising fiscal transparency. “The government has today (Wednesday) released Zambia’s 2024 Tax Expenditure Report, marking the second consecutive year in which, through the Ministry of Finance and National Planning, a comprehensive account of revenues forgone through tax incentives, exemptions, reliefs, and preferential tax treatments [has been provided]. The inaugural 2023 Tax Expenditure Report was published in...

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