THE Zambia Revenue Authority (ZRA) has raided and initiated an investigation into alleged multiple tax evasion and related financial irregularities involving Gatbro International Limited and associated entities. In a statement, Thursday, ZRA Corporate Communications Manager Oliver Nzala said the company was further alleged to have failed to accurately declare the true value and volume of goods imported, thereby reducing its tax liability. “The Zambia Revenue Authority (ZRA) today (Thursday) raided and initiated inquiries and investigations into alleged multiple tax evasion and related financial irregularities involving Gatbro International Limited and associated entities. Preliminary findings indicate suspected under-declaration of imported goods, possible non-disclosure of actual sales revenue, and potential misrepresentation of financial records. It is further alleged that the company may have...
