Treaty between Botswana and Luxembourg signed

On 19 September 2018, Botswana and Luxembourg signed an income and capital double tax treaty which aims to eliminate double taxation with respect to taxes on income and wealth and prevent tax evasion and fiscal fraud. It contains the minimum standards resulting from the BEPS Action Plan and a provision for the exchange of information.

Through this agreement, Luxembourg continues to update its network of double taxation treaties in line with the anti-BEPS rules developed at OECD level.