Protocol amending the Mauritius-India DTAA

Mauritius has agreed to the signing of a protocol to amend the Double Taxation Avoidance Agreement (DTAA) with the Government of the Republic of India in order to comply with the Base Erosion and Profit Shifting minimum standards of the Organisation for Economic Co-operation and Development.

 

DTAAs are useful tools that encourage cross border investments and trade as they mitigate the risk of double taxation, and they also provide for reduced withholding tax rates for certain streams of income.  So far, Mauritius has concluded DTAAs with 46 countries and is in negotiation with others for the implementation of a DTAA.

 

If you would like to know more about how Mauritius can be used as a platform for cross border investment and trade, please write to us on bd@mitcoworld.com