Tax First Newsletter

Tax First Newsletter

A monthly newsletter published by PwC Namibia providing informed commentary on current developments in the local tax and business arena. Our analysis and comments on new law and administrative changes assist business executives to identify developments and trends in law and Inland Revenue practice that might impact their business.

 

May 2016 Issue
Withholding Tax on Directors’ & Entertainer fees proposed to remain at 25% On the 21st of April 2016, theMinister of Finance, Hon. Calle Schletwein presented an Income Tax Amendment Bill in Parliament. The Bill proposes to increase the recently reduced withholding tax on services of 10% to 25% for fees paid to non-resident directors and foreign entertainers.

Also in this issue:

  • Export Levy Bill read in Parlaiment
  • PwC’s TaxTim—Tax returns quick & easy
  • Tax Calendar - May 2016

Previous issues of Tax First

 
Tax First 2011