According to recent reports, Eswatini published the Income Tax (Amendment) Act 2023 on 20 October 2023, which includes several important tax changes. The main changes include:

• The corporate tax rate is reduced from 27.5% to 25%;
• The withholding tax rate on interest paid to non-resident companies is increased from 10% to 15%;
• The branch profits tax imposed on repatriated income to neighboring c…