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New Tax bill 2016

Posted 12 February 2016 under Tax Questions

Minerva says:
12 February 2016 at 15:54

A friend of mine was asking me about the new tax amendments regarding the definition of "Namibia" ( which is now extended to 200 nautical miles and not 12). He is a Spanish captain fishing in Namibia working approximately 5 months per year in Namibia and not necessarily continuously. What are his tax liabilities seeing that he is a non-resident?
When does the actual law come into force?
When do they start paying tax?

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TaxTimTaxTim says:
12 February 2016 at 18:45

The law is already active from 30 December 2015. Please visit the PWC Namibia website for the detailed summary of the legislation. He may already be taxable and should contact a tax consultant at PwC Walvisbay or Windhoek to discuss.


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