On 27 March 2019, Namibia's Minister of Finance Calle Schlettwein delivered the country's 2019-20 Budget. The tax-related measures of the budget include: The repeal of tax incentives provided for qualifying manufacturers and exporters of goods manufactured in Namibia, including the reduced 18% corporate tax rate (to be phased out); The repeal of the export processing zone regime, along with the introduction of a new special economic zone regime; The introduction of a worldwide basis of taxation with the requirement for Namibian residents to declare foreign-source income in annual tax returns (currently, only Namibia-source income is generally taxed); The introduction of...