Namibia income tax act 1981
WitrynaTo amend the Income Tax Act, 1981, so as to insert additional circumstances under which amounts are deemed to have accrued from a source within Namibia; to clarify the deduction of contributions made to company-owned policies; to increase tax deductibility of retirement fund and education policy contributions; to provide for the furnishing or … WitrynaSection 1 of the Income Tax Act specifically includes trusts in the definition of a "person". Trusts are therefore taxed according to the same tax rates and principles that apply to individuals. By way of arrangement the founder of ... This section looks at the various tax types relevant to Namibia: Income Tax Income tax is a ta ...
Namibia income tax act 1981
Did you know?
Witryna15 gru 2024 · The Income Tax Act makes provisions for specific inclusions in gross income and amounts deemed to be from a Namibian source. Less: Exemptions The … Witryna6 paź 2024 · Rechtsgrundlagen der namibischen Körperschaft-, Einkommen- und Mehrwertsteuer sind der Income Tax Act 24 of 1981 und der Value-Added Tax Act 10 of 2000. Steuersätze Der allgemeine Körperschaftsteuersatz, geregelt im Income Tax Act 24 of 1981, beträgt 32 Prozent.
WitrynaIncome tax is levied under the Income Tax Act No 24 of 1981, as amended on both individuals and companies, with the exception of petroleum income derived from … WitrynaCriminal Procedure Amendment Act, 2003 (No. 24 of 2003). Criminal Procedure Amendment Act (Act No. 13 of 2010). Extradition Act, 1996. Employment Law. Labour Act, 2007 (Act No. 11 of 2007). Labour General Regulations Labour Act, 2007 (G.N. No. 261 of 2008). Employees’ Compensation Act, 1941. Family Law. Children's Status …
WitrynaIncome Tax Act 24 of 1981 “education policy” means a policy of insurance that is taken out by a tax payer exclusive and solely for the purpose of making provision for the … WitrynaOther tax laws that apply to the oil industry are: — The Income Tax Act 24 of 1981, as amended, which provides for withholding tax of 10% imposed on all management, consulting, technical, administrative and entertainment services paid by a Namibian resident to a non-resident, subject to the provisions of any double taxation …
WitrynaBusiness Income Income tax is levied under the Income Tax Act No 24 of 1981, as amended on both individuals and companies, except for petroleum income derived from exploration areas, which is taxed under the Petroleum Taxation Act 1991. Tax is imposed on all receipts and accruals from a Namibian source, other than receipts of …
WitrynaNamibLII is a project of the Law Reform and Development Commission managed by the Directorate: Law Reform of the Ministry of Justice of the Republic of Namibia. In … otterbox amazon canadaWitrynaAct No. 7 of 2002, section 1 of Act No. 4 of 2005 and section 1 of Act No. 5 of 2007 1. Section 1 of the Income Tax Act, 1981 (hereinafter referred to as the principal Act) is amended – (a) by the substitution for items (aa), (bb) and (cc) of subparagraph (iv) of paragraph (b) of the definitionof “pension fund” of the following items: otterbox amazon iphone 13Witryna21 cze 2016 · [Amended by Income Tax Amendment Act, 1999 (Act 7 of 1999) on 1 January 1999] [Amended by Income Tax Second Amendment Act, 1999 (Act 21 of … イオンタウン 元WitrynaIncome Tax Act, 1981 Comes into operation on 31 December 2024 (i.e. thus no new approval of manufacturing activities) Repeal of Section 17C of the Income Tax Act, … otterbox amazon promo codeWitryna28 cze 1991 · Act No.12, 1991 SECOND INCOME TAX AMENDMENT ACT, Amendment of section 16 of Act 24 of 1981, as amended by section 5 of Proclamation AG. 10 of 1985 and section 5 of Act 8 of 1987. 1991 Namibia in respect of any loan, [to or] deposit [in any building society registered in the Republic of South Africa], … イオンタウン加古川 鍵イオンタウン加古川 占いWitryna28 maj 2024 · The remaining two-thirds (2/3) of the retirement benefit can be used to buy an annuity, and it is taxable at tax rates in line with the applicable Income Tax Act, No. 24 of 1981. otterbox amazon store