17
Mar
Hertta-Maria Amutenja The High Court has ruled that the Namibia Revenue Agency (NamRA) must refund N$1.2 million to Obie Logistics (Pty) Ltd after it unlawfully withheld the tax refund to offset a N$53 million debt owed by a separate company, Obie Transport. NamRA’s action was based on Section 83D of the Income Tax Act, of 1981, which was amended in 2015 to allow the agency to recover unpaid taxes from company directors. However, the court ruled that the law could not be applied retroactively and that Obie Logistics could not be held responsible for debts from another company that was…
