Namibia, Republic of
On 19 February 2020, the Minister of Finance tabled the Income Tax Amendment Bill 2020 in Parliament. The Bill includes an insertion of Section 101A 'Repeal of certain provisions of Export Processing Zone Act, 1995', the phasing out of tax exemptions pertaining to certain traders. With the enactment of this bill, EPZ entities would be liable for income tax, stamp duties on goods and services required for EPZ activities, as well as transfer duties in respect of the acquisition of any immovable property situated in an EPZ. The enforcement of Section 101A in the Income Tax Act (no. 24 of 1981) will be determined and come into effect on a date to be determined by the Minister, by notice in the Government Gazette.