Botswana signs tax deals with 17 countries

Minister of Finance and Development Planning, Kenneth Matambo
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.

Editor's Comment
Keep your mask close

Wearing of masks behind closed doors has been mandatory following the government’s August decision that the public was freed from masking in outdoor spaces.According to a press statement from the ministry, all other remaining COVID-19 protocols such as social distancing in schools and requirements for vaccination or PCR tests at ports of entry have also been relaxed.Statistics still show that hundreds still die daily due to the pandemic around...

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