Offshore Mauritius
South Africa Narrows The Tax Gap On Mauritius
In the race between Mauritius and South Africa for the most investor-friendly holding company regime for private equity, South Africa is gaining ground on its island rival.
27 Aug 2012, business.mega.mu
One Cathedral Square, The Main Source Of FDI For India
No, it is not in the city at Ebene Cyber occur as the largest offshoring transactions between Mauritius and India. It is the building, One Cathedral Square, the heart of the capital of Mauritius, which is the main source of foreign direct investment into India.
23 Aug 2012, business.mega.mu
Uncertainties due to GAAR: Indian Offshore Companies Leave Mauritius
Offshore companies owned by Indians close their business in Mauritius. They are 24 in total.
09 Aug 2012, business.mega.mu
Dark Side of Offshore World: 21 Trillion Dollars Hidden in Tax Havens
At least USD 21 trillion of private financial wealth, unreported, was owned by wealthy individuals through tax havens at the end of 2010.
24 Jul 2012, business.mega.mu
Agaléga Proposed to India?
An article in the Times of India said that Mauritius would be willing to give Agalega to India to preserve the treaty to avoid double taxation. Information emphatically denied by the foreign minister, Arvin Boolell, who is currently in the Great Peninsula.
07 Jul 2012, business.mega.mu
India: Investments From Mauritius Excluded From New Tax Rules
Investments in India through the Mauritius offshore may not be submitted to the General Anti-Avoidance Rules (GAAR), which is part of new regulations governing tax in India. This is what announces the Indian newspaper Business Standard in an article signed Vrishti Beniwal, dated June 30, 2012.
02 Jul 2012, business.mega.mu
Foundations Bill to Improve the Offshore
Legislation "long overdue", the Foundations Bill was approved by Parliament. This new law will diversify the product range offered by the Mauritian offshore and make it even more competitive, as well as the Bahamas or the Isle of Man.
08 Jun 2012, business.mega.mu
Réplique Gouvernementale Face à l’Attaque Indienne Contre les Services Financiers
Xavier-Luc Duval, vice-Premier ministre et ministre des Finances, qualifie d’injustifiée l’insinuation de l’Inde à l’effet que Maurice est un repaire pour évadés fiscaux. Le gouvernement réfutera officiellement les allégations indiennes.
24 May 2012, business.mega.mu
Mauritius Qualified as Tax Haven in White Paper on Indian Dirty Money
The document, a precursor of legislation to combat an economy fueled by soft money, was put on the table by the Lok Sabha Pranab Mukherjee, Indian Minister of Finance. Maurice is described as a haven for tax evaders.
24 May 2012, business.mega.mu
Offshore: Thirteen Investors Abuse the Indo-Mauritius Treaty
Thirteen Foreign Institutional Investors (FII) registered in Mauritius would conduct operations that would be considered illicit by the general provisions of the General Anti-Avoidance Rules (GAAR), legislation whose enactment was postponed to 2013, according to the Economic Times of India.
15 May 2012, business.mega.mu
Offshore Tax Treaty Relief in India-Mauritius With the Postponement of New Rules
The Indian authorities will grant a stay of one year to the Indo-Mauritius tax treaty which is the backbone of our offshore center.
14 May 2012, business.mega.mu
Double Taxation Treaty: India Grants a Respite in Mauritius
Maurice can heave a sigh of relief! The Indian government has decided to postpone by one year the proposed amendment to the General Anti-Avoidance Rules (GAAR).
08 May 2012, business.mega.mu
India Plans Review of Tax Treaty with Mauritius - Junior Finmin
India is considering a review of the Double Taxation Avoidance Treaty with Mauritius to raise revenues, Junior Finance Minister S.S. Palanimanickam told lawmakers on Friday.
04 May 2012, business.mega.mu
Financial Services: The fate of the Mauritian Offshore in the Hands of Indian MPs
The Mauritian authorities are following with interest the debate in the Indian Parliament in the Budget Speech 2012/2013. A measure of the Finance Bill on tax gain contains elements which might call into question the fundamental Treaty of double taxation between Mauritius and India.
27 Apr 2012, business.mega.mu
Offshore: The Exodus Begins
Following the new tax measures in India, including the General Anti-Avoidance Rule (GAAR) may take over the treaties of double taxation, several private equity funds' moving away from Mauritius to Singapore.
27 Apr 2012, business.mega.mu
Tax Treaty: Mauritius Wants Urgent Meeting With India
In the wake of threats of revising the Treaty of double taxation with India, the Mauritian government has asked the country an urgent meeting of Joint Working Group (JWG) between our two countries.
19 Apr 2012, business.mega.mu
Offshore: New Indian Tax Proposals Make Investors Cautious
Gains derived by an enterprise of Maurice in the sale of 'compulsory convertible debentures' (CCD) to an Indian company are interests that are taxable in India.
10 Apr 2012, business.mega.mu
Offshore: Mauritius Defends the Measures for the Integrity of the Treaty Signed with India
Mauritius is willing to consider changes in the double taxation treaty with India. But these changes must be part of a comprehensive package.
09 Apr 2012, business.mega.mu
Double Taxation Avoidance Agreement: Ça Chauffe en Inde
Si la décision de l’Inde de serrer les filets fiscaux a été comprise par la communauté des affaires, celle de taxer de manière rétrospective les entreprises qui n’arrivent pas à justifier une présence importante dans le pays qu’elles utilisent pour investir en Inde, a soulevé un tollé.
07 Apr 2012, business.mega.mu
Offshore: Mauritian Professionals Criticize the New Indian Regulations
After the threat of the General Tax Code, which would override the tax treaties signed by India, the authorities of the Great Peninsula present the General Anti Avoidance Rule (GAAR). A new project that will have a negative impact on the Mauritian Offshore.
29 Mar 2012, business.mega.mu