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Botswana Approves New Transfer Pricing and Interest Deduction Restriction Rules and Amendments to IFSC Regime

|Approved Changes|Botswana
Botswana

On 12 December 2018, Botswana's parliament approved legislation that provides for the introduction of new transfer pricing rules, a restriction on the deduction of interest expense, and amendments to the International Financial Services Centre (IFSC) regime to comply with BEPS Action 5 (Harmful Tax Practices).

Transfer Pricing

With respect to transfer pricing, the legislation provides more…

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