Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/249484 
Year of Publication: 
2021
Series/Report no.: 
WIDER Working Paper No. 2021/178
Publisher: 
The United Nations University World Institute for Development Economics Research (UNU-WIDER), Helsinki
Abstract: 
Zambia has changed its mineral tax regime repeatedly during the past decades in a bid to raise mineral revenue, but with only modest success. This paper looks at what the country needs to do to create a mining fiscal regime that could sustain operations, boost output, and raise revenues without eroding investment and profitability in the mines. The paper argues that enhancing local ownership of the mines will help assuage resource nationalism while stabilizing the business environment overall. Looking ahead, it will be important for Zambia to build expertise within the line ministries and the tax agency (the Zambia Revenue Authority) for analysing mineral tax and related policies, including issues of domiciliation, transfer pricing, tax loopholes, and how best to address the emerging decarbonization agenda. The creation of a dedicated unit for mining within the tax agency, preferably headed by a commissioner, could help enhance productivity.
Subjects: 
fiscal regime
investment
mineral tax
resource nationalism
transfer pricing
decarbonization agenda
JEL: 
E62
Q33
Q38
H26
Persistent Identifier of the first edition: 
ISBN: 
978-92-9267-118-1
Document Type: 
Working Paper

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