Question 3 40 Marks Part A 20 Marks a) Differentiate in details between an employer and an employee as defined in Schedule 2 of the Namibian Income Tax Act (6 Marks) b) The mining sector is a major economy driver as it contributes 25% to Gross Domestic Product (GDP) of Namibia. State the effective tax rate of diamond mining companies and diamond mining services companies. (2 marks) c) All income of a deceased estate which the executor receives which would have been income in the hands of the deceased are always taxable in the hands of the deceased estate. Indicate whether this statement is true or false and give a brief reason. (2 marks) d) Discuss the requirements for an individual to register as a provisional tax payer in Namibia. In your discussion, include the due dates for the different provisional tax payments to be made to NAMRA by individuals as well as the consequences for underestimation of such payments. (10 Marks)