The government of Mauritius extended the deadline for individual taxpayers to submit a statement of assets and liabilities for the fiscal year ended 30 June 2017. The new deadline is 1 October 2018 (having been extended from the original deadline of 2 October 2017).
Individual taxpayers are required to submit a statement of assets and liabilities (along with their income tax returns) if they have income exceeding MUR 15 million* or more or if they own assets having a value exceeding MUR 50 million. For these purposes, the subject assets are those that include assets of the taxpayer’s spouse and dependent children, whether located inside or outside Mauritius. Read TaxNewsFlash-Africa
*MUR 15 million = approximately U.S. $450,000
Read a 2017 report [PDF 262 KB] prepared by the KPMG member firm in Mauritius
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