Chinese company denied relief forN$33 million worth of income tax

Chinese company denied relief forN$33 million worth of income tax

Chinese company denied relief forN$33 million worth of income tax

Hertta-Maria Amutenja The High Court of Namibia rejected an interim relief request from a Chinese construction company for N$33 million in income tax. According to a judgement delivered last week Friday in High Court by Judge Eileen Rakow, said the concept of ‘pay now, argue later’ should be applicable in this case. “I find no reason to conclude that the ‘pay now argue later’ concept should not be applicable in this matter and thus find that the monies attached by the first respondent should remain with them for now as it is in the public interest,” said Rakow. The money…
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