- The Value Added Tax (Amendment) Bill 2025 aims to modernize Botswana’s VAT framework by introducing taxation on remote services and requiring electronic fiscal devices, reflecting a commitment to transparency and international compliance in the digital economy.
- The Bill outlines a mechanism for taxing remote services based on location indicators and establishes compliance responsibilities for foreign suppliers, including VAT registration thresholds and the requirement for a local VAT representative.
- Enhanced administrative obligations, such as mandatory use of electronic fiscal devices for real-time reporting and stringent penalties for non-compliance, are designed to improve VAT integrity and reduce revenue leakages in Botswana.
Source
Latest Posts in "Botswana"
- Botswana to Tax Foreign Digital Services: VAT Registration and Local Agent Required for 2025
- Botswana Adopts Digital Services Tax and E-Invoicing in 2025 VAT Amendment Act
- Botswana Expands VAT to Include Digital and Remote Services Under 2025 Amendment Act
- Botswana Enacts VAT Law Amendments; Effective Date Pending Announcement
- Botswana to Implement VAT on Remote Services and Introduce Reverse Charge Mechanism
