DT3865 - Botswana: double taxation agreement, Article 1: Taxes covered

This agreement applies for periods before the new comprehensive agreement has effect (see DT3850).

1. The taxes which are the subject of this Agreement are:
   
   

(i) the income tax; and

(ii) the corporation tax;

the income tax.

2. This Agreement shall also apply to any identical or substantially similar taxes which are imposed by either Contracting State after the date of signature of this Agreement in addition to, or in place of, the existing taxes. The competent authorities of the Contracting States shall notify to each other any changes which are made in their respective taxation laws.
   
   
3. Nothing in this Agreement shall limit the right of either Contracting State to charge tax on the profits of a mineral enterprise at an effective rate different from that charged on the profits of any other enterprise. The term 'a mineral enterprise' means an enterprise carrying on a business of mining.