Companies operating in the global economy experience complex tax issues, both in their home country and in the jurisdictions in which they do business; this requires a coordinated global delivery of services incorporating both knowledge of national legislation, including tax treaties, as well as the appropriate international perspective.
Our market-leading tax practice covers a broad range of advisory and transactional coverage on a wide range of domestic and international tax issues, including on BEPS-related legislation.
We also assist clients in investigations and assessments by the Mauritius Revenue Authority, and as practicing barristers, we regularly appear before the Assessment Review Committee.
Companies operating in global markets have many complex legal, tax and operational issues that require an international perspective combined with a thorough knowledge of country-specific tax, legal and regulatory practices.
Our lawyers can help solve these tax, legal and business challenges through a combination of local tax and legal capability, global tax and legal project management, and full-service support across borders in a multi-disciplinary manner.
Our tax controversy lawyers focus on complex tax controversy matters, including tax audits, administrative appeals, claims for refund, voluntary disclosures and civil tax litigation as well as criminal tax matters.
We represent multinational corporations, privately owned companies, partnerships, limited liability companies, high-net-worth individuals and trusts and estates in all aspects of sophisticated tax controversies and criminal tax matters.
We regularly appear before the Assessment Review Committee and the Supreme Court of Mauritius in relation to tax-related disputes.
Our transactional tax lawyers are committed to advancing transactions to meet the objectives of our clients.
In doing so, we often collaborate with our clients’ internal tax and accounting departments, as well as outside accounting firms, to design the most advantageous structure yielding optimal after-tax results, lowering effective tax rates or otherwise achieving our clients’ commercial and tax specific goals.
With the continuing globalization of our economy, as well as the resulting increase in cross-border transactions and the complexity of domestic and international laws and regulations, multinational companies increasingly recognize the importance of proactively managing transfer pricing to limit related tax risks and take advantage of planning opportunities.
Through close collaboration with transfer pricing specialists at DLA Piper, our lawyers are well positioned to help companies address their transfer pricing challenges and opportunities, in Africa and beyond.
VAT affects all transactions involving the provision of goods or services. An understanding of how VAT operates is essential if businesses are to avoid failing to charge VAT when appropriate and unnecessary costs in terms of not being able to reclaim VAT charged to them.
Our lawyers advise clients on the incidence of VAT, how to structure commercial transactions in a VAT efficient way and registration and compliance generally.
Experience has included advising:
- A number of DFIs on the implications of the tax regime in Mauritius on their proposed investments in private equity funds.
- A number of multinationals on the implications of investing in Mauritius, particularly in the light of the recently renegotiated India-Mauritius double tax treaty.
- A multinational enterprise in relation to a tax dispute with the Mauritius Revenue Authority concerning the presence of a permanent establishment in Mauritius.
- A large commercial bank on the implementation of the Common Reporting Standard (CRS) and other automatic exchange of information issues.
- A listed construction company on transfer pricing legislation in Mauritius.
The highly anticipated Budget speech for 2019-2020 was delivered by the Prime Minister and Minister of Finance & Economic Development on Monday 10 June 2019.
The Mauritius Revenue Authority ("MRA") has, on 28 November 2018, issued a Statement of Practice (“SOP”) to clarify the concept of "Place of Effective Management" (or “POEM”) as set out in the new section 73A of the Income Tax Act, which was introduced by the Finance (Miscellaneous Provisions) Act 2018.
The Finance (Miscellaneous Provisions) Act 2018 (“FA 2018”) significantly amended the regulatory and tax framework applicable to companies (including global business companies) in Mauritius in order to bring them in line with the OECD’s minimum standards on Base Erosion Profit Shifting (“BEPS”).
The 2018-2019 Budget Speech having for theme “Pursuing our Transformative Journey’’ was presented by The Honourable Pravind Kumar Jugnauth, Prime Minister, Minister of Finance and Economic Development yesterday Thursday 15 June 2018.