Taxes Mauritius

Arvin Boolell: Mauritius Shared Info in 170 Cases with India

Under pressure from India to quickly amend the bilateral taxation treaty, Mauritius Friday said it has shared tax-related information in over 170 cases and is taking steps to curb round-tripping, which refers to re-routing of funds to avoid tax liabilities.

09 Jul 2012, business.mega.mu

5 Facts on What the Mauritius Tax Issue is All About

Mauritius is willing to walk the extra mile to address concerns of Indian tax authorities, including reassessing the bilateral tax treaty with India to ensure that it isn't misused, the island nation’s foreign minister Arvin Boolell has said.

09 Jul 2012, business.mega.mu

India, Mauritius Working Group to Discuss Tax Avoidance Pact

The India and Mauritius Joint Working Group will discuss the issue of reviewing the Double Taxation Avoidance Agreement (DTAA) at its meeting in Mauritius during August 22-24.

05 Jul 2012, business.mega.mu

Software to Detect Tax Evaders

Tax evaders are warned. The Mauritius Revenue Authority (MRA) is currently working on developing a tax software to enhance tax compliance in order to subsequently be better off to fight against tax evasion.

03 Jul 2012, business.mega.mu

Offshore: Mauritius Is Not A Tax Haven

This is not because the court Mauritius is a 'low tax jurisdiction, it must qualify as a tax haven.The Mauritian offshore goes on the offensive.

22 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

Mauritius and Kenya Agree to Abolish Double Taxation

Kenya is the fourteenth African country with which Mauritius signed a Double Taxation Agreement Treaty, an agreement that promotes investment between the two countries.

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

Commerce Online: How to Calculate Customs Fees?

More and more Mauritians yield to the temptation to purchase various items on the net. Different international sites offer products that can be shipped to Mauritius.

03 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