Botswana widens net on multinational tax dodgers

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Botswana is strengthening efforts to fight against money laundering and tax avoidance schemes such as transfer pricing, base erosion and profit shifting.

Recently, the country took a step of joining the inclusive framework on Base Erosion and Profit Shifting (BEPS), becoming the framework’s 99th member.

The inclusive framework on BEPS is a group of countries that have pledged to implement measures designed by the Organisation for Economic Cooperation and Development (OECD) and G20 countries in 2015 aimed at preventing multinational tax avoidance and improving resolution of tax disputes involving multinationals.

Editor's Comment
No room for perjury

It seems some government accounting officers, sworn to tell "the truth, the whole truth, and nothing else but the truth" before Almighty God, may have deliberately lied during the committee’s vital work. If proven, this is not merely unprofessional; it is perjury, a serious criminal offence and it strikes at the very heart of responsible government.The PAC’s role is fundamental. After each financial year, it painstakingly examines how public...

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