Mauritius is set to sign a new Double Taxation Avoidance Agreement (DTAA) with the Republic of Botswana. This agreement is intended to replace the previous one which was signed in September 1995, with a modern framework which aligns with the OECD/G20 Base Erosion and Profit Shifting (BEPS) recommendations.

The new agreement will:

• Clearly delineate the respective taxing rights of Mauritius and Botswana with respect to income covered by the DTAA;

• Provide investors with greater certainty and predictability in their business involving either country;

• Foster a more favourable business environment to encourage cross-border investment flows;

• Facilitate the exchange of tax-related information between the two jurisdictions to bolster their efforts in combatting tax evasion and associated malpractices; and

• Offer taxpayers an effective mechanism for the resolution of disputes.

We will endeavour to provide you with more information on the signature of the new DTAA with Botswana in due course.