Botswana remains exposed to high levels of tax-related crime, with weak detection systems and limited enforcement creating openings for money laundering, according to a recent national risk assessment.
A Money Laundering and Terrorist Financing National Risk Assessment Report finds that gaps in tax-crime detection enable offenders to evade taxes and conceal illicit proceeds, while weaknesses in enforcement allow such activities to persist with limited risk of prosecution. The report also points to shortcomings in integrity controls within the tax administration, further undermining compliance.
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