Zambia can benefit from it’s double taxation agreements – PMRC

Policy Monitoring and Research Centre (PMRC) has maintained that Zambia has the potential to benefit from the country’s double taxation agreements.

PMRC Executive Director Michelle Morel has told Qfm News in an interview that double taxation can attract foreign direct investment (FDI) hence the need for government to consider the option.

Ms Morel explains that the primary objective of double taxation is to facilitate the international flow capital technology and services by eliminating the unfair tax burden that may be placed on tax payers engaged in international trade through double taxation.

She stresses that PMRC will continue to educate and sensitize policy makers and the general public on the importance of double taxation.

Ms. Morel has also disclosed that in this regard, PMRC has taken a step further by strengthening its relationship with the media for easy dissemination of information to the general public.