Namibia income tax act 1981

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WitrynaAct No. 7, 2002 INCOME TAX AMENDMENT ACT, 2002 ACT To amend the Income Tax Act, 1981, so as to include in the definition of “gross income” certain amounts … Witryna28 cze 2024 · Fly note: Revenue – Income Tax – meaning of ‘manufacturing activity’ in Income Tax Act 24 of 1981, s 1 ... and it concerns the interpretation and application of s 1 and s 5A of Act 24 of 1981 and art. 18 of the Namibian Constitution. B. Para 1 of notice of motion.

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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 … 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 … chevrolet blazer problems and recalls

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Witryna22 kwi 2016 · THE amendment to the Income Tax Act of 1981 was read for the second time in parliament this week by minister of finance, Calle Schlettwein. Last year, the Income Tax Amend ment Bill was passed by ... Witryna23. Application of provisions of Income Tax Act in relation to returns, assessments, objections and appeals, payment and recovery of tax, representative taxpayers, … 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 … chevrolet blazer fuel injection

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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 … WitrynaStatement of Comprehensive Income for the year ended 29 February 2013Sales 70 000Less: cost of sales 35 350Gross profit 34 650. Less: expenditure (35 900)Salaries … good stores to shop for jeansWitryna28 mar 2024 · In terms of the Income Tax Act (Act no. 24 of 1981), for a contribution to a pension fund or provident fund by a person holding an office or employment to be deducted in the determination of taxable income, the making of such a contribution must have been a condition of the holding of such office or employment. good store wine

"Witryna29 gru 2024 · NamibLII 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 income tax act 1981

Namibia income tax act 1981

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Witryna27 gru 2024 · Export Levy Act 2 of 2016 Income Tax Act 24 of 1981. To consolidate and amend the law relating to the taxation of income; and to provide for incidental matters. Arrangement of Sections: Chapter I: Administration. Chapter II: The taxes; Chapter III: General Provisions; Income Tax Act 24 of 1981 Petroleum (Taxation) Act 3 of 1991 Witryna31 gru 2024 · [Income Tax Act 24 of 1981 (OG 4580) came into force on date of publication: 31 December 1981; applied to natural persons who are “citizens of Rehoboth” with certain amendments, with effect from 31 December 1981; see Act 5 of …

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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 …

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 … WitrynaWhat is Gross Income? The total amount, in cash or otherwise, received by or accrued in favour of a person during such year or period of assessment from a source within or deemed to be within Namibia, excluding receipts or accruals of a capital nature. – as defined per Section 1 of Income Tax Act 24 of 1981.

WitrynaIncome Tax Act 24 of 1981 - Legal Assistance Centre 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.

Witryna21 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 …

WitrynaPART II. ADMINISTRATION OF ACT . Section 3. Appointment of Labour Commissioner and labour inspectors. (1) The Minister: (a)shall, subject to the laws governing the public service, appoint a person to be known as the Labour Commissioner or, during the absence or incapacity of the Commissioner to exercise or perform his or her powers, … good stores to shop for homecoming dressesWitrynaAct 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: good stories for teenagersWitryna15 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 … chevrolet blazer reviews consumer reportsWitrynaValue-Added Tax Amendment Act 2 of 2007 (GG 3874) came into force on the first day of the month following the month of publication, which made it effective on 1 August … chevrolet blazer off roadWitryna31 maj 2013 · in terms of the Namibian Constitution is hereby published in terms of Article 56 of that Constitution. No. 4 of 2013: Income Tax Amendment Act, 2013. _____ 2 Government Gazette 31 May 2013 5206 ... ACT To amend the Income Tax Act, 1981, so as to increase the threshold on income tax payable by individuals; to reduce the … chevrolet blazer ground clearanceWitryna1 sty 2012 · The Namibian Income Tax Act 24 of 1981 was taken over from South Africa’s Income Tax Act 58 of 1962 when Namibia was granted self-administration und became independent... chevrolet blazer shock absorber setWitryna16 gru 2024 · NamibLII chevrolet blazer model years