• This is out of the K34.4 million issued in assessments to the taxpayers from January to March, 2023.
• ZRA receives cases from the FIC which are acted upon through Investigations and Tax Audits.
• The status of the dissemination is reported quarterly to the Centre.

Zambia Revenue Authority (ZRA) has disclosed that it has recovered over K3.5 million after concluding the seven tax evasion cases recently reported by the Financial Intelligence Centre (FIC).
Authority Corporate Communications Manager Oliver Nzala revealed that this is out of the K34.4 million issued in assessments to the taxpayers from January to March, 2023.
Mr. Nzala stated that ZRA receives cases from the FIC which are acted upon through Investigations and Tax Audits, and the status of the dissemination is reported quarterly to the Centre.
“In the pursuit of its investigations, the ZRA ensures that tax evaders are assessed for tax and they may also be prosecuted for non-compliance with Revenue Laws. In line with the recommendations of the FIC Report, cases are also referred to the Anti-Corruption Commission (ACC) for suspected money laundering offences, having tax evasion as a predicate offence.”
“ZRA is intensifying its fight against illicit Financial Flows (IFFs) by working with Law Enforcement Agencies through the exchange of information and enforcing of domestic tax laws and policies so that taxpayers pay their dues from businesses,” Mr. Nzala stated.
He stated that the sharing of intelligence on tax issues creates an opportunity for the Authority to combat tax evasion and tax frauds, which are all elements that undermine the capacity to generate the legitimate revenue for the people of Zambia.
He reminded taxpayers that tax evasion is a predicate offence to money laundering and may have wide ranging consequences for those who engage in such a practice.
“The Authority fully supports the collaborative mechanism that has been put in place between various Government agencies to fight money laundering and Illicit Financial Flows. ZRA continues to take FIC disseminations with utmost urgency and will continue to follow up these cases and recover all taxes due to the Government of the Republic of Zambia,” he said.
In its 2022 report, the Financial Intelligence Centre (FIC) revealed that it recorded 239,717 Currency Transaction Reports (CTRs) out of which 148,943 related to corporates while 90,774 related to individuals.
The Centre noted that individuals had continued to use personal accounts for business transactions which may be a method of evading tax obligations and othet crimes.