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Gov’t finalises plans for carbon, digital tax

Friday, April 22, 2022 | 1390 Views |

Ear to the ground: Serame says government is aware of the burden taxpayers are bearing PIC: PHATSIMO KAPENG

Technocrats at the finance ministry and the BURS are finalising consultations and preparations to introduce digital and carbon taxes, with the former targeting the global 'Big Tech' and the latter aimed at environmental polluters such as second-hand vehicles.

The carbon tax was first mooted in the Economic Recovery and Transformation Plan approved by Parliament in September 2020, while the digital tax was proposed in the Budget Strategy Paper of October 2020.

Giving an update on the digital tax at a BURS briefing last week, finance minister, Peggy Serame said the target would be multinational entities extending their products into Botswana.

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Gov’t finalises plans for carbon, digital tax

Technocrats at the finance ministry and the BURS are finalising consultations and preparations to introduce digital and carbon taxes, with the former targeting the global 'Big Tech' and the latter aimed at environmental polluters such as second-hand vehicles.