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Vol 6 (AAC) No 12

Published 1st October 2013


Closing tax loopholes

Mauritius will host another round of talks to discuss amending a controversial tax treaty, as the finance sector shifts its focus to Africa

Mauritius has invited Indian officials to a new round of discussions, in early October, on the Double Taxation Avoidance Agreement (DTAA) signed by the two countries in 1982. This is the tenth in a series of talks on an issue that has raised hackles on both sides of the Indian Ocean. Prime Minister Manmohan Singh’s government has requested changes to the treaty to ensure that India gets more revenue from inbound investment. Financial Services Commission Chief Executive Clairette Ah-Hen says that uncertainty about the DTAA is hurting both countries’ economies.

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