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Deloitte Tax Newsletter 8/2011

Future Tax Amendments announced


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During a press conference held yesterday, the Minister of Finance announced the following tax changes.   We do not have any more details on the intended changes, but will keep you informed as matters developed.  This newsletter therefore merely serves as an indication of the tax changes that we will see in the near future.  Most of these changes will be in Parliament after the July recess and we will see some of them being promulgated as law during the latter part of this calendar year.  The changes are aimed at increasing the tax base and tax collection, tightening of administration and attempting to encourage processing and manufacturing activities in Namibia.

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