Limited life span of 'accumulated loss'
Finance minister accommodates youth, contains transfer pricing
It appears that the nationwide furor surrounding the recently lifted tax thresholds, which were backdated to provide substantial tax relief to the average taxpayer in October and November, caused further adjustments to the Namibian tax law to be overlooked. One of the more prominent tax amendments is that accumulated losses may only be applied in a limited manner and over a restricted term.
Government Gazette 8442 of 16 September announced more than just a few amendments to the Income Tax Act 24 of 1981. Totally overdue seems to be the fact that all references to the ...
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