Botswana signs tax deals with 17 countries

Friday, June 13, 2014

Minister of Finance and Development Planning, Kenneth Matambo

This week’s signing of a Double Taxation Avoidance Agreement (DTAA) with Ireland, brings to 17 the number of countries that Botswana has inked such deals with.

In 2013, Botswana signed similar agreements with 12 countries and this year has engaged five more countries including China, Zambia, Swaziland, Lesotho and Ireland.

The agreements are meant to facilitate closer co-operation between the countries’ tax administrations while also curbing or eliminating any chances of double taxation of income flowing between jurisdictions of the countries.

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Botswana signs tax deals with 17 countries

This week’s signing of a Double Taxation Avoidance Agreement (DTAA) with Ireland, brings to 17 the number of countries that Botswana has inked such deals with.