18 May 2016

Namibia introduces Export Levy Bill

The Namibian Minister of Finance recently introduced the Export Levy Bill (the ELB) in Parliament. The purpose of the ELB is to provide for the imposition of an export levy on certain goods exported from Namibia to improve Namibia's value share in its resource base and to encourage further processing, improvement and value addition to such goods to support national industrial development in Namibia.

A Tax Alert prepared by Ernst & Young Namibia, and attached below, provides additional details.

———————————————
ATTACHMENT

Full text of Tax Alert 2016-0885

Document ID: 2016-0885