Representatives of Mauritius on 5 July 2017 signed the multilateral convention (MLI) to implement tax treaty-related measures to prevent base erosion and profit shifting (BEPS). The MLI allows jurisdictions to apply results of the OECD/G20 BEPS project, including minimum standards to implement in tax treaties to prevent treaty abuse and to address “treaty shopping” into existing networks of bilateral tax treaties in a quick and efficient manner.
The MLI in the Mauritian context covers 23 of the 42 existing tax treaties to which Mauritius is a treaty partner. However, of the 23 tax treaties, eight countries have not signed the MLI. Thus, this leaves 15 tax treaties to be amended by the MLI. For the remaining tax treaties, it is reported that Mauritius will discuss bilaterally with the respective treaty partners in order to implement BEPS minimum standards, at latest by end of 2018.
Read a July 2017 report [PDF 375 KB] prepared by the KPMG member firm in Mauritius
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