The Lesotho Revenue Authority has announced the entry into force of the income tax treaty with Eswatini (Swaziland) on 2 October 2020. The treaty, signed 6 September 2019, is the first of its kind between the two countries. Taxes Covered The treaty covers Lesotho income tax and capital gains tax and covers Eswatini taxes imposed under the Income Tax Order 1975. Residence If a person other than an individual is considered resident in both Contracting States, the competent authorities will determine the company's residence for the purpose of the treaty through mutual agreement. If no agreement is reached, the person...