Namibia Parliament Considers VAT Amendment Bill

The Namibian Parliament Nov. 3 accepted, for consideration, a bill to amend the VAT Act, 2000. The bill includes measures to: 1) provide for a definition for assessment; 2) enable a person carrying on a taxable activity but not yet making taxable supplies to be registered; 3) provide that the conducting of a taxable activity or the importation of goods by a registered person must be connected with the making of taxable supplies; 4) provide conditions for claiming input tax; 5) enable the Commissioner to determine how a tax return or notice of assessment may be furnished or served; 6) ...