Botswana, Estonia sign income tax treaty
Officials of Botswana and Estonia have signed an income tax treaty on 25 September 2024. Earlier, Estonia’s government has approved signing a draft income tax treaty with Botswana on 4 July, 2024. The tax treaty seeks to eliminate double
See MoreBotswana extends filing deadlines for annual withholding, individual income tax returns
The Botswana Unified Revenue Service (BURS) issued a public notice, announcing extensions for key tax filing deadlines on 24 September 2024. The submission deadline for annual withholding tax returns, including PAYE and other withholding taxes, has
See MoreEstonia approves signing draft tax treaty with BotswanaÂ
Estonia’s government has approved signing an income tax treaty with Botswana on 4 July, 2024. The tax treaty seeks to eliminate double taxation, and prevent tax evasion. If an agreement is reached, it will be a first between the two
See MoreBotswana: BURS extends PAYE and OWHT return deadline
The Botswana Unified Revenue Service (BURS) has announced an extension for the filing of annual "pay as you earn" (PAYE) and "other withholding tax" (OWHT) returns. The new deadline is now set for 30 September 2024. This extension aims to provide
See MoreBotswana: Finance Minister presents tax reforms and digitalization measures in budget speech 2024
On 5 February 2024, Mr. Peggy O. Serame, Botswana's Minister of Finance and Economic Development presented the 2024 Budget Speech to the National Assembly. The budget contains a number of important tax measures. The key proposed tax measures are as
See MoreBotswana: General Commissioner sets TP documentation threshold
On 1 September 2021, the General Commissioner published a ruling and set a threshold for the preparation and submission of transfer pricing documentation. The ruling is effective retroactively from 1 July 2019 (2020 tax year). According to the
See MoreBotswana enacts budget for 2021/22
On 30 June 2021, the Minister of Finance and Economic Development published a press release announcing the implementation of the budget for 2021/22. The most important measures are: -The general withholding tax rate increased from 7.5% to 10% on
See MoreBotswana deposits ratification instrument for the convention on mutual administrative assistance in tax matters
On 15 June 2021, Botswana has deposited its instrument of ratification for the multilateral convention on mutual administrative assistance in tax matters. The Convention will enter into force for Botswana on 1 October 2021 and will generally apply
See MoreBotswana: Finance Minister presents Budget for 2021 to the National Assembly
On 1 February 2021, Dr. Thapelo Matsheka, Botswana’s Minister of Finance and Economic Development has presented National Budget for the fiscal year 2021 to the National Assembly. The Budget contains a number of important tax measures. The key
See MoreDTA signs between Botswana and Malta
On 2 October 2017, According to a press release of Maltese government, a Double Taxation Agreement (DTA) has been signed with Botswana for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on
See MoreBotswana joins OECD’s Inclusive Framework on BEPS
Botswana has joined the OECD's base erosion and profit shifting (BEPS) Inclusive Framework. The OECD announced June 9 that Botswana has joined the “Inclusive Framework on BEPS,” becoming the framework’s 99th member. The Inclusive Framework on
See MoreBotswana: Tax proposals in 2017-2018 Budget
The Minister of Finance and Economic Development presented the Budget for 2017-18 to the National Assembly on 6 February 2017. To improve administration efficiency and optimise revenue collection, the income tax act and the value added tax act will
See MoreTreaty between Botswana and Czech Republic negotiated
The second round of negotiations for a tax treaty between Botswana and the Czech Republic is arranged to take place in Prague from 18th to 21st April
See MoreFinland: Exchange of information agreement with Botswana enters into force
The exchange of information agreement between Botswana and Finland entered into force on 16 May 2015. The agreement was signed on 20 February 2013 and generally applies from 16 May 2015 for criminal tax matters and from 1 January 2016 for other tax
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