Mauritius And India Signed New Tax Treaty Protocol

The governments of India and Mauritius signed, on 13 March, a second amending protocol to the 1982 double tax agreement (DTA) between the two countries to align it with the minimum standards under the OECD Base Erosion Profit Sharing (BEPS) initiative. It will enter into force when ratified by both treaty partners.

Mauritius signed the Multilateral Convention to implement the Tax Treaty Related Measures to prevent Base Erosion and Profit Shifting (MLI) in 2017, which seeks to preserve the role of bilateral DTAs in eliminating double taxation worldwide, while combating opportunities for businesses to use treaties to eliminate all tax liability or to reduce tax rates to aggressively low levels.