Useful dissection of @actionaiduk tax report by @martinhearson and @mforstater. See: http://tinyurl.com/d5anpvg . Too early for either side to win?
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@MForstater yes,@Bakhunin is right. WHT is CT incurred in Zambia by the related party, hence creditable against its domestic tax bill.
@martinhearson @Bakhunin Standard Bank/Citibank’s tax bill or Zambia Sugar’s?
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@MForstater@Bakhunin i meant illovo companies in Ireland, Netherlands and Mauritius. But what matters is loss to Zambia, not who gains. -
@martinhearson@Bakhunin What matters is what happens in the Zambian economy overall, including the tax take.
End of conversation
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