Mauritius: Individual taxpayers required to submit statement of assets, liabilities

Mauritius: Statement of assets, liabilities

A provision of the Finance Act 2016 requires individual taxpayers with income exceeding MUR 15 million or with assets that have a cost exceeding MUR 50 million to submit, with their annual income returns, a statement of assets and liabilities.

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This new reporting requirement applies for the year of assessment 2017/2018 (i.e., for the period of 1 July 2016 to 30 June 2017). 

 

Read an October 2016 report [PDF 198 KB] prepared by the KPMG member firm in Mauritius

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