The Income Tax Treaty between Ireland and Botswana entered into force on 3 February 2016.
Its provisions will take effect from 4 March 2016 in Botswana and from 1 January 2017 in Ireland.
In accordance with the treaty, the following withholding taxes will apply:
Dividends: 5%.
Interest: 7.5%.
Royalties:
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- 5% on royalties in respect of the use of or the right to use industrial, commercial or scientific equipment.
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- 7.5% in all other cases.
