Ireland – Botswana: Tax Treaty Enters Into Force

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:

• • 5% on royalties in respect of the use of or the right to use industrial, commercial or scientific equipment.

• • 7.5% in all other cases.