Botswana widens net on multinational tax dodgers
Wednesday, July 05, 2017
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Recently, the country took a step of joining the inclusive framework on Base Erosion and Profit Shifting (BEPS), becoming the framework’s 99th member.
The inclusive framework on BEPS is a group of countries that have pledged to implement measures designed by the Organisation for Economic Cooperation and Development (OECD) and G20 countries in 2015 aimed at preventing multinational tax avoidance and improving resolution of tax disputes involving multinationals.
We duly congratulate them to have ousted the long ruling Botswana Democratic Party (BDP) from power. Prior to taking power from the BDP, the coalition had made several election promises that are credited for influencing change and swaying the people to vote in its favour.The party had made an undertaking, which its leader and President Duma Boko consistently bellowed in his campaign trail. These undertakings were promises that Batswana would be...