Botswana signs tax deals with 17 countries
Friday, June 13, 2014
Minister of Finance and Development Planning, Kenneth Matambo
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.
Botswana's cattle industry is one of the country's greatest assets. For many families, cattle are a source of income, food, pride, and culture. They pay school fees, build homes, and support livelihoods. Beyond the farm, the beef industry creates jobs and earns the country valuable foreign exchange through exports.That is why the construction of the new containment fence should not be viewed as just another government project. It is an...