The Finance Bill 2018 - Summary of Tax Measures

As announced in the Budget Speech, the ​​Finance Bill 2018 has brought major changes to the tax legislations, specifically in the Global Business sector​ ​where the deemed foreign tax credit and the GBC2 regimes will be abolished while a new​ partial exemption regime will be introduced.​​ ​The taxation of banks ​will also undergo significant changes.

The provisions of the Finance Bill 2018 will only become effective once it is ratified by the Parliament and assented by the President of the Republic of Mauritius. Therefore, you are cautioned to consult with your tax advisor or ourselves prior to any action being taken. In any event, we neither make any representations, nor shall we have any liability, including claims for damages of any nature, to any parties, in connection with this newsletter.

Please talk to us should you wish to discuss matters concerning the Tax Measures mentioned in The Finance Bill 2018.

Contact us

Anthony Leung Shing, ACA, CTA

Anthony Leung Shing, ACA, CTA

Country Senior Partner, PwC Mauritius

Tel: +230 404 5071

Dheerend Puholoo, ACCA

Dheerend Puholoo, ACCA

Tax Leader, PwC Mauritius

Tel: +230 404 5079

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