The government has gained the right to tax capital gains arising in Mauritius from sale of shares acquired on or after April 1, 2017, in Indian companies.
- India and Mauritius signed a protocol for amendment of a three-decade-old double taxation avoidance agreement.
- The agreement was signed in Port Louis.
- During a transition period of two years, the tax will be limited to half the Indian tax rate.
- The full tax rate will kick in from 2019-20.
Mauritius :
- Capital- Port Louis
- Currency- Mauritian rupee
- President- Ameenah Gurib Fakim
No comments:
Post a Comment