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Zambia's legislation does not address facilitation payments and the maximum allowable value of gifts or hospitality is not clearly regulated.Enforcement of Zambia's anti-corruption legislation is lacking.).Businesses have insufficient confidence in the reliability of police services to enforce law and order, yet do not report high business costs due to crime (GCR 2017-2018).Three out of five companies pay for private security (ES 2013).Companies regularly pay kickbacks and bribes in the tendering process for government contracts.Zambia's Anti-Corruption Act prohibits corruption, extortion, bribery of a foreign public official, abuse of office and money laundering.
Companies encounter red tape and rampant bribery in all business operations, including company registration, obtaining a construction permit, setting up utilities, and paying taxes.Submissions of “provisional” income tax returns for 2017 are due at the end of March 2017 (i.e. The due date for the 2017 final income tax return submission and payment of balance of tax has advanced from 30 June to 21 June.Please note that the 2016 final income tax return submission and payment of balance of tax due date still remains the same, i.e., 30 June 2017.Zambia's land administration is one of the most corrupted institutions in the country (ZBPI 2014).Property rights are generally adequately defined in urban areas, unlike in rural ones (BTI 2016), but the implementation of these rights faces many practical challenges (ICS 2017).Allegations of corruption involving members of the judiciary have called into questions the judgments in a variety of important commercial cases (BTI 2016).Many attempts at reforming the constitution and the judiciary have all ended in failure (BTI 2016).The judiciary lacks the resources to prosecute cases in a timely manner, causing lengthy delays (BTI 2016).Courts are often inexperienced in the are of commercial litigation and the enforcement of contractual and property rights is weak (ICS 2017).No one should act on such information without appropriate professional advice after a thorough examination of the particular situation.For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: 1 2, 1801 K Street NW, Washington, DC 20006.