New Tax Bill keeps tax haven tag at bay

On the floor: The amendment is due before Parliament this week
On the floor: The amendment is due before Parliament this week

Botswana continues to make strides in increasing tax transparency through sharing of information with other countries as a new Bill is expected to be debated in this July 2020 session of Parliament to further make the country tax transparent.

The Bill, which was published in the Government Gazette of April 17, 2020, is expected to soon become law, should it get a nod from the Parliament.

The Minister of Finance & Economic Development stated that the Bill is, ‘to provide for Botswana to meet her international obligations regarding the effective exchange of tax information and transparency in tax matters before signing the OECD Convention on Mutual Tax Administrative Matters’.

Editor's Comment
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The Ministry of Agriculture, local producers, retailers, and industry associations must work together to overcome the obstacles hindering vegetable production and distribution.This collaborative approach is essential to improve the availability, quality, and affordability of vegetables in the market.Firstly, the Ministry of Agriculture should provide support and guidance to local farmers to enhance their productivity and efficiency. This could...

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