Our practice covers both contentious and non-contentious tax matters.
We advise corporate clients on complex tax matters in domestic and international transactions, including tax structuring, double taxation agreements, foreign tax credits, capital allowances and treatment of global companies. We are also regularly instructed in matters relating to VAT, special levies and employee remuneration.
We also assist clients with applications for tax rulings and have developed close working relationships with accounting practitioners. We regularly appear in tax disputes before the Assessment Review Committee, the Supreme Court of Mauritius and the Judicial Committee of the Privy Council.
Our client portfolio includes domestic conglomerates, financial institutions and banks, telecommunication companies and public bodies.
Highlight work includes:
- Advising on structures to reduce the impact of registration duty on local real estate construction and acquisition
- Advising on the setting up cross-border project finance transactions with a view to promote tax efficiency and mitigate the impact of taxation upon the repatriation of dividends and fees
- Structuring senior management share option plans with a view to defer the tax obligations of the employees
- Obtaining a landmark ruling from the Assessment Review Committee on whether mass-mailing campaigns outside of Mauritius fall under overseas advertising
- Challenging the discretion of the Mauritius Revenue Authority to re-characterize management fees as royalties paid by a Mauritian hotel owner to a foreign hotel operator
- Advising on the methods of computation of foreign tax credits