Finance Monthly Taxation Awards 2017 Winners Edition

www. finance-monthly .com FINANCE MONTHLY TAX AWARDS 2017 39 ZAMBIA AUDIT AND ACCOUNTING FIRM OF THE YEAR Web: home.kpmg.com/zm FIRM PROFILE KPMG is a global network of independent member firms offering audit, tax and advisory services. The firms work closely with clients, helping them to mitigate risks and grasp opportunities. Member firms’ clients include business corporations, governments and public sector agencies and not-for-profit organizations. They look to KPMG for a consistent standard of service based on high order professional capabilities, industry insight and local knowledge. KPMG member firms can be found in 152 countries. Collectively they employ more than 189,000 people across a range of disciplines. Sustaining and enhancing the quality of this professional workforce is KPMG’s primary objective. Wherever our firms operate, we want them to be no less than the professional employers of choice. KPMG in Zambia principally operates a source-based system of taxation and, therefore, any income which is deemed to be from a source within Zambia should be liable to tax in Zambia. The legislation provides that the tax liability will be calculated according to the rates provided in the charging schedule for each charge year on the income received in that charge year: - By every person from a source within or deemed to be within Zambia - By any individual who is ordinarily resident in Zambia, by way of interest and dividends from a source outside Zambia. ADVISOR PROFILE - Jason Kazilimani, CEO Jason has 22 years of experience at KPMG and he has served a large variety of financial services, not-for-profit organizations, companies in oil and gas, manufacturing, telecommunications, and hospitality sectors in Zambia, Nigeria and the United Kingdom. His experience in Nigeria includes leading IFRS conversion projects for two major banks (Access Bank Plc and Wema Bank Plc). He was also on the diagnostic review team appointed by the Central Bank of Nigeria to perform a review of 5 distressed banks in 2009. He is the leader of KPMG in Zambia and is also quite active in the profession and the community. He is a member of ZICA’s Council and chairs its Education and Training Committee and is also vice chairman of its Technical Committee. He is a regular presenter of papers on auditing and financial reporting matters and contributes articles from time to time to ZICA’s journal. He is also President of the Zambia Golf Union and the American Chamber of Commerce in Zambia. Lusaka - Zambia