Namibia’s extractive industry is a crucial component of the country’s tax revenue, according to the commissioner of the Namibia Revenue Authority (Namra), Sam Shivute, who spoke at the opening of the African Tax Administration Forum (Ataf) workshop on value-added tax (VAT) administration and compliance in the extractive sector.
According to the African Tax Outlook, VAT has contributed the highest revenue at an average of 30% of total revenue collected in African countries for the last four years.
Source: www.namibian.com.na
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