Examples of Mauritius Revenue Authority in a sentence
The Mauritius Subsidiary is subject to Corporate Income Tax of 15% (plus surcharge and education tax) based on the law and practice currently in force in Mauritius.The Subsidiary received tax assessments from the Mauritius Revenue Authority (“MRA”) in respect of the treatment of capital gains in the income tax computation and subsequently objected to these by appealing to the Mauritius Assessment Review Committee (“ARC”).
Such third parties may include the Registrar of Companies, the Mauritius Revenue Authority, the Stock Exchange of Mauritius Ltd, the Financial Services Commission and other government authorities.
Consultants are requested to contact the Mauritius Revenue Authority at the following address to obtain the relevant information in this respect.
A certificate of Mauritian tax residence has been granted to the subsidiaries by the Mauritius Revenue Authority.
Self Employed should ensure that the business income generated by the business activity have been declared to the Mauritius Revenue Authority on an annual basis.
PROJECT MANAGEMENTSeema Issar | s.issar@dgnb.de ACKNOWLEDGEMENTSThis study would not have been possible without the commitment of the market participants and the advisory board.
On February 19, 2018, the Mauritius Government enacted The Income Tax (CbCR) Regulations 2018 (the “Regulation”), requiring the ultimate parent or surrogate entity (nominated as being the ultimate parent company for CbCR purposes) of a MNE Group, that is resident for tax purposes in Mauritius, to file a country-by-country report with the Director General of the Mauritius Revenue Authority.
However, effective as from 01 January 2017, further to change in the income tax legislation, the Bank is required to contribute at least 50% of its CSR money to the National CSR Foundation through the Mauritius Revenue Authority.
Therefore, requests for information are more and more detailed, allowing authorities to analyze the economics of the payments rather than the formalities.Country-by- country reporting?To ensure adherence to the minimum standards, the Mauritius Revenue Authority has now issued regulations on CbCR.
It has also obtained a certificate of tax residency from the Director General of the Mauritius Revenue Authority in Mauritius.