Mauritius: Mauritius further enhances its position as an offshore jurisdiction of choice with 4 new DTAs
The Government of the Republic of Mauritius (Government of Mauritius) has ratified double taxationDouble Taxation occurs when the same income or financial transaction is taxed twice, typically in different jurisdictions. It can arise in two primary contexts: economic double taxation, where the same income is taxed twice in the hands of different taxpayers, and juridical double taxation, where the same taxpayer is taxed on the same income in more than one country. Double... agreements (DTAA Double Taxation Agreement (DTA), also known as a Double Taxation Treaty (or a Tax Treaty), is an international tax treaty between two or more countries that aims to prevent individuals or businesses from being taxed twice on the same income. With globalisation and the increase in cross-border economic activities, DTAs have become essential tools for promoting trade, investment, and...) with Guernsey and several African countries. These recent agreements extend Mauritius’ offering to international clients particularly those with an interest in business into and out of African and Asian markets. It further demonstrates Mauritius’ commitment to providing the necessary legislative and regulatory framework to be a preferred jurisdiction of choice for offshore business.
Key Features of the DTA 1. Congo 2. Kenya 3. Rwanda 4. Guernsey – this is a useful DTAA Double Taxation Agreement (DTA), also known as a Double Taxation Treaty (or a Tax Treaty), is an international tax treaty between two or more countries that aims to prevent individuals or businesses from being taxed twice on the same income. With globalisation and the increase in cross-border economic activities, DTAs have become essential tools for promoting trade, investment, and... with another offshore centre
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