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
BPF should get house in order

Speaker of the National Assembly, Dithapelo Keorapetse, has this week rightly washed his hands of the mess, refusing to wade into a party squabble that has no clear leadership and no single version of the truth.When a single party sends six different letters to the Speaker’s office, each claiming to be the authoritative voice, it is not just confusion, but an embarrassment.Keorapetse is correct to insist on institutional boundaries. Parliament...

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