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Corruption in Namibia spans from the pre-colonial era to the present day. [1] [2] [3] After independence in 1990, corruption and fraud issues continued, with cases involving misappropriation of state funds as well as resources, bribery and corruption in government tenders and contracts, and embezzlement of funds meant for social programs and development projects.
By December 2019 The Fishrot Six, Bernhard Esau, Sacky Shanghala, Tamson Hatuikulipi, James Hatuikulipi, Ricardo Gustavo and Pius Mwatelulo, were arrested in Namibia. They stand accused of corruption, fraud, and tax evasion. [23] Nigel van Wyk was later arrested on charges of money laundering and attempting to obstruct the course of justice. [24]
Personal income tax is applicable to total taxable income of an Individual and all individuals are taxed at progressive marginal rates over a series of income brackets. The tax year runs from 1 March to 28 February. Tax rates for the 2010–2011 to 2012–2013 tax years were as follows: [1]
Tax fraud covers a range of activities, including filing a tax return under someone else’s Social Security number, altering a tax return without the taxpayer’s consent and failing to follow ...
From a restaurant owner who hid cash receipts in "seasoned octopus" boxes to a self-proclaimed governor of Alabama who buried gold coins in his yard, here are some of the wildest tax fraud ...
Tax evasion or tax fraud is an illegal attempt to defeat the imposition of taxes by individuals, corporations, trusts, and others. Tax evasion often entails the deliberate misrepresentation of the taxpayer's affairs to the tax authorities to reduce the taxpayer's tax liability, and it includes dishonest tax reporting, declaring less income ...
The Anti-Corruption Commission of Namibia (ACC) is an agency of the executive branch of the Government of Namibia. [1] It was established under section 2 of the Anti-Corruption Act 8 of 2003 [2] and inaugurated on 1 February 2006 by president Hifikepunye Pohamba. The aim of the commission is to fight against corruption.
Not every fraud artist is a sketchy identity thief or faux Nigerian prince from the dark corners of the internet. In fact, you might end up committing accidental tax fraud or accidental tax evasion...