Botswana eases trade investment

source: BOPA
22 April, 2010

WINDHOEK – Botswana has been robust in its approach to ease trade investment in the country.

So far the country has concluded 10 Double Taxation Avoidance Agreements (DTAA), and will soon sign with two more European countries and five SADC countries. BOPA reporter, Rebaone Tswiio examines a DTAA, using the latest Botswana-Lesotho Agreement.

On the surface value of DTAA, economists say it deepens the level of cooperation plus exchange of information between the tax authorities so as to combat tax evasion and avoidance.

It also gives impetus to a countrys efforts to attract foreign direct investment because it eases the monetary pressure of paying tax in two countries and removes the logistical or clerical burden of complying with at least two [continue reading]

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