Corporate Tax Cut To 15% For Lodges, Hotels

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Lusaka ~ Fri, 25 Sept 2020 Finance minister Dr Bwalya Ng’andu has proposed a significant reduction in corporate income tax rate for hotels and lodges from 35% to 15% in the 2021 national budget. The government hopes through this measure, the tourism sector will be resuscitated and promotion of local tourism will be enhanced.

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