Audit firm imparts knowledge on transfer pricing
Thursday, June 22, 2017
Senior accounts and taxation partner at Mazars Botswana, Ramnath Kadua told Mmegi Business that transfer pricing is a new topic in the country, noting that the government is contemplating on coming up with a legislation on transfer pricing.
“Until now, transactions of this nature were governed by the anti-avoidance provisions under the Income Tax Act,” he said.
While it is widely acknowledged that Khama holds the title of Kgosi, the government’s failure to properly gazette his recognition has raised serious concerns about adherence to legal procedures and the credibility of traditional leadership. (See a story elsewhere in this newspaper.) Recent court documents by the Minister for Local Government and Rural Development, Kgotla Autlwetse, shed light on the intricacies of Khama’s recognition process....