The Corporate Tax Rate in Namibia stands at 32 percent. Namibia Corporate Tax Rate - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

Corporate Tax Rate in Namibia averaged 32.70 percent from 2011 until 2020, reaching an all time high of 34 percent in 2012 and a record low of 32 percent in 2016. This page provides - Namibia Corporate Tax Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Corporate Tax Rate in Namibia is expected to reach 32.00 percent by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the Namibia Corporate Tax Rate is projected to trend around 32.00 percent in 2021, according to our econometric models.

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Namibia Corporate Tax Rate

Actual Previous Highest Lowest Dates Unit Frequency
32.00 32.00 34.00 32.00 2011 - 2020 percent Yearly

Namibia Corporate Tax Rate
In Namibia, the Corporate Income tax rate is a tax collected from companies. Its amount is based on the net income companies obtain while exercising their business activity, normally during one business year. The benchmark we use refers to the highest rate for Corporate Income. Revenues from the Corporate Tax Rate are an important source of income for the government of Namibia.