Botswana strongly rejects tax haven label
Friday, December 16, 2016
Since 2012, the diamond-rich country has been excluded from the international business community because the country was labelled by France as a tax haven that did not have a “suitable legal framework for the exchange of tax information.”
Following the blacklisting, Botswana stepped up efforts to remove secrecy provisions and deficiencies in its tax information exchange agreements and laws in a bid to reverse impressions that the country may be a tax haven.
The recent disclosure by the IEC that 2,513 registrations have been turned down due to various irregularities should prompt all Batswana to meticulously review the voters' rolls and address concerns about rejected registrations.The disparities flagged by the IEC are troubling and emphasise the significance of rigorous voter registration processes.Out of the rejected registrations, 29 individuals were disqualified due to non-existent Omang...