'Tax flaws could constrict investment flows'

The Global Forum on Transparency and Exchange of Information for Tax Purposes released its critical report last week, following a peer review conducted by tax experts from South Korea, South Africa and the Forum's Secretariat.

Botswana was one of eight countries reviewed under Phase One of the Forum's mandate, which involves assessing the quality of a country's legal and regulatory framework. Other countries assessed include Bermuda, Cayman Islands, India, Jamaica, Monaco, Panama and Qatar.