BURS laments outdated tax legislation
Thursday, November 13, 2014
Speaking at the Commonwealth Association of Tax Administrators BURS Commission in Gaborone, BURS Internal Revenue Division commissioner, Segolo Lekau, said the current legislation could not keep with modern business practices. “The current legislation is unable to keep up with modern business.
There are no transfer pricing regulations or legislation and there is no specific capital gains legislation,” he said. Transfer pricing happens whenever two companies that are part of the same multinational group trade with each other.
The recent Vaccination Day in Motokwe, orchestrated through collaborative efforts between UNICEF, USAID, BRCS, and the Ministry of Health, underscores a commendable stride towards fortifying child health services.The painful reality as reflected by the Ministry of Health's data regarding the decline in routine immunisation coverage since the onset of the pandemic, is a cause for concern.It underscores the urgent need to address the...