![Betamax Ltd v State Trading Corporation (Mauritius) [2021] UKPC 14: Public Policy Challenge Does Not Allow Reopening of Decided Issues of Fact or Law](/img/noticias/202603/betamax-ltd-v-state-trading-corporation-.jpg)
News Mauritius Taxes: Uganda and Mauritius finally settle on a tax agreement after months of negotiations
After months of negotiations, Uganda and Mauritius have reached an agreement on modifications to their 2015 bilateral double taxation agreement (DTA). According to Uganda's Finance Ministry, among the ...
News Mauritius Taxes: Real Estate
An 18th-century townhouse on one of America's oldest residential streets recently hit the market for $499,900 — take a look inside These are the 3 best markets for long-distance real-estate ...
News Mauritius Taxes: Best hotels in Mauritius
Mauritius — with its pristine white sand ... flat waters make for prime real estate — you can also expect options such as semi-transparent biodomes anywhere from hidden islets to tea ...
News Mauritius Taxes: ATFX Expands its Global Reach with Acquisition of Rakuten Securities Australia
New York, NY, July 14, 2023 (500NewsWire) -- ATFX, a global leading online trading CFDs broker, has announced its acquisition of Rakuten Securities Australia Pty Ltd ("RSA"), a subsidiary of Rakute...
News Mauritius Taxes: HFM's Copy Trading Feature HFcopy Continues to Make Waves
Moving into Q3 of 2023, uncertainty is projected to remain prominent across various markets. Subsequently, the esteemed copy trading tool HFcopy, available exclusively to clients of the leading global brokerage HFM (formerly HotForex), continues to gain popularity worldwide. This remarkable tool is a true game-changer in terms of copy trading, mainly thanks to its ability to make the process quicker, simpler and more effective than ever.
News Mauritius Taxes: From Maldives to Mauritius, the countries that could soon offer a Golden Visa
There are currently 13 nations that offer full citizenship to foreign nationals in exchange for financial investment.
News Mauritius Taxes: Tax Talks | Here's why angel tax going to be a game changer for inbound investments
Angel tax is charged as ‘Income from Other Sources’ in the hands of issuing company when it issues shares at a price that exceeds the ‘fair market value’ of shares issued. Effective April 1, 2023, such issuance to foreign investors will also attract this angel tax. Thus, it will be a game changer for inbound investments in India.
News Mauritius Taxes: Mozambique: Mining companies declare less production to obtain “very low” taxes – AIM
The Mozambican government claims that mining companies declare less than their real production in order to obtain âvery lowâ taxes. According to a government document, cited by the Portuguese news agency LUSA, the Mozambican authorities consider that âhalf of the exports that occur in Mozambique
News Mauritius Taxes: FPIs from Mauritius under taxman’s lens
Several FPIs have received queries from the tax department seeking additional details related to ‘commercial substance’ and control residing in Mauritius ...
News Mauritius Taxes: Residency proof enough for Mauritius treaty benefit: HC
The court also set aside the ruling of the Authority of Advance Rulings (AAR) that had denied the benefit under the DTAA and remanded a matter back to the authority to reconsider the plea of the taxpayer.
News Mauritius Taxes: Tripled property, shares sale taxes begin Sunday
The government will from next week triple the capital gains tax resulting from gains through sale of land, houses and unquoted shares to 15 percent from the current five percent, hitting Kenya’s real estate investments and private equity deals.Parliament approved the increase before the August 9 General Election, and allowed the Kenya Revenue Authority (KRA) to start collecting the higher taxes from January 1.This will lead to reduced income by...
News Mauritius Taxes: Mauritius Renminbi Clearing Centre launched
Mauritius' spearheaded economic and trade policies has constantly been pro-trade and investment focused. It combines a favourable business climate, stable democracy, macroeconomic stability, a fully liberalised financial sector, reliable banking system, low taxes and an educated bi-lingual workforce. During the recently held "Mauritius–China Economic Cooperation Forum" on December 7, 2022 in Mauritius, the Minister of Finance, Economic Planning and Development, Dr the Honourable Renganaden Padayachy reiterated his commitment with regards to the forthcoming launch of a Renminbi Clearing Centre that was previously announced during the Mauritian National 2022-2023 budget in June 2022.
News Mauritius Taxes: FPIs, foreign VCs pin hopes on tax residency proof to avoid hit
The adequacy of TRC has often been questioned by the Income tax (I-T) department on the grounds that investing entities were mere dummies set up for treaty shopping and deriving tax benefit while actual control lay with holding companies and investors in other locations which do not qualify for tax exemption.
News Mauritius Taxes: ITAT recalls decision on beneficial ownership under Indo-Mauritius treaty
In a rare move, an income tax tribunal has recalled its order asking the tax department to review its decision on beneficial ownership of a transaction under the Indo-Mauritius tax treaty. The ...
News Mauritius Taxes: Holcim likely to seek exemption under India-Mauritius tax agreement
Read more about Holcim likely to seek exemption under India-Mauritius tax agreement on Business Standard. The India-Mauritius treaty was designed to attract foreign investments in the early 1990s when India's foreign exchange reserves were alarmingly low
News Mauritius Taxes: I-T lens on possible fund diversion to tax havens by ex-NSE officials
The tax department has found frequent personal and official travel to Singapore, Mauritius and Seychelles. Sources in the Income Tax department told ET that the department may seek information from ...
News Mauritius Taxes: ITAT refuses to stay tax demand on former owner of Raw Pressery brand
Rs 123 crore of tax demanded on shares sold for huge premium to actress Jacqueline Fernandes, Mauritius-based entities ...
