Zambia: Supreme court quashes post newspaper challenge to stop bulk repayment of k53million ZRA Tax arrears

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By Bright Chikele.

 

The Post Newspapers may just

have to face up to their tax

obligations after the Supreme

Court threw out a stay of execution

that had sought to halt the Zambia

Revenue Authority from harvesting

the paper’s tax obligations

wholesomely.

High Court judge Mwinde

Siavwapa granted The Post

Newspapers a stay of execution

freezing the ZRA’s decision to

have the paper pay all their tax

arrears.

The stay stopped the ZRA from

levying distress on The Post

pending the outcome of the court

decision of October, 30 2015 that

was found against the paper.

However the paper contested the

decision and went court where they

obtained a stay of execution on

November 10, 2015.

The ZRA challenged the decision

and went to the Supreme Court

where the June 13 ruling found in

their favour.

However the Supreme Court set

aside the judgment from the High

Court pending the outcome of The

Post Newspapers appeal on the

substantive case.

The Post owes the taxman K53

million.13428353_999975453453813_8474678049364802069_n

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