Double Tax Agreement Namibia

We have a collection of global double taxation treaties in English (and other languages, if available) to help members ask questions. If you are having trouble finding a contract, please call the application team on +44 (0) 20 7920 8620 or email us at In the event that Namibia has entered into a double taxation agreement (DBA) with the foreign country of origin, that person is taxable in Namibia, unless all the requirements of the specific DBA are met. Tax Information Guide: Major Economies in Africa 2018 Overview of the Tax Environment and Investments in 44 Jurisconsultations across Africa, including this country. The guide contains income tax rates, withholding tax rates, a list of double taxation treaties, information on other taxes, investment incentives and important business data. Published by Deloitte in May 2018. Due to the source rules and tax status of dividends, few items subject to foreign tax are subject to Namibian taxation. There is no general unilateral provision on exemption from double taxation, although a specific provision prevents the double taxation of fees. Learn about tax rates, the latest tax messages and information on double taxation treaties with our specialized online resources, guides and useful links.

Capital benefits from pension funds, provident funds or guarantee funds which are transferred within three months of the end of the tax year to the taxable person to another pension fund, provident fund, pension fund or custody fund shall be exempt. This is the case when the taxpayer has not claimed a deduction on one of the following points: Online tax rate An online pricing tool developed by KPMG, which compares corporate tax rates, indirect, individual income and social insurance within a country or in several countries. There are no local data protection requirements for individuals, as Namibia does not have specific data protection legislation. Explore articles, enter your interests or learn more. A sliding scale is used to determine the tax rates applicable to individuals. For all predisposition years from 1 March 2013, the minimum rate is zero per cent and the maximum rate is 37 per cent. Any changes to tax rates will be announced in the annual Budget Speech as soon as the bill is submitted for notice and approved by Parliament. © 2020 KPMG Advisory Services (Namibia) (Pty) Ltd, a renowned private company and member of the KPMG network of independent member companies linked to KPMG International Cooperative (“KPMG International”), a Swiss company. All rights reserved. .