It is common especially in the Oshiwambo culture that when there is a wedding – cattle are given to the family where there is a wedding.
So, if a person is a farmer – and is registered as such at the ministry of finance gives or donates a cattle, the Act states that such a person should be taxed on the value of the cattle he or she has given away.
This is included in schedule 1, paragraph 9 and we shall explain why this is so in the next update.
– Update by Lazarus Amukeshe, Hdip Tax
In an age of information overload, Sunrise is The Namibian’s morning briefing, delivered at 6h00 from Monday to Friday. It offers a curated rundown of the most important stories from the past 24 hours – occasionally with a light, witty touch. It’s an essential way to stay informed. Subscribe and join our newsletter community.
The Namibian uses AI tools to assist with improved quality, accuracy and efficiency, while maintaining editorial oversight and journalistic integrity.
Stay informed with The Namibian – your source for credible journalism. Get in-depth reporting and opinions for
only N$85 a month. Invest in journalism, invest in democracy –
Subscribe Now!
