DT3854 - Double Taxation Relief Manual: Guidance by country: Botswana: Notes

Tax spared (Article 23(3))

The convention provides for credit for tax ‘spared’ (see INTM161270) in Botswana under the provisions of Botswana law.

Tax sparing is only available through the mutual agreement of the competent authorities. Therefore, no matching credit should be given unless its availability has been sanctioned by the BAI Tax Treaty Team.

Amounts of ‘tax spared’ for which relief is given should be reported as mentioned at INTM161290.