Arvind Boolell wanted to be reassuring, however, from the publication of this information. The negotiations were not deferred or suspended, insisted the Mauritian Foreign Minister, after allegations of Business Standard. The Indian newspaper maintains, indeed, that "India has decided to formally suspend negotiations to finalize an agreement with Mauritius liberalization. She warned that Maurice will not resume negotiations as long as Mauritius does not accelerate the review of the non-double taxation (DTAA) with India. "
This information is embarrassing to Port Louis. Hence the eagerness of Foreign Affairs will take this matter clear. A meeting is announced for Tuesday, January 15, with the Financial Services Commission, the Board of Investment and other institutions.
Meanwhile, the Indian Minister of Finance Palaniappan Chidambaram announced that the entry into force of the General Anti-Avoidance Rules (GAAR) has been postponed to April 2016, when she was scheduled for April 2014. The GAAR is an instrument that the Indian government intends to entrust to counter tax abuse by Indian investors tax exemption offered by the DTAA.
« La révision du traité de non-double imposition entre l’Inde et Maurice donne de la crédibilité au centre financier mauricien au regard des investisseurs », a déclaré Roshi Bhadain, ministre des Services financiers.
6 years ago
Le ministre des Finances Vishnu Lutchmeenaraidoo ne compte pas se laisser faire. Face aux bureaucrates indiens qui sont à Maurice pour renégocier le traité fiscal entre Maurice et l’Inde, il persiste et signe. Il n’est pas question, dit-il, d’accepter des amendements qui ne serviront pas l’intérêt de l’industrie offshore à Maurice.
6 years, 4 months ago
Indian Finance minister P Chidambaram has said the government has not made any progress in renegotiating a contentious tax treaty with Mauritius and that the tax-related travails of MNCs such as Vodafone, Nokia or Shell made more news in India than abroad.
9 years, 2 months ago
NEW DELHI: End of Mauritius' tax treaty with India could have a high impact on the island nation, a staff study of the International Monetary Fund (IMF) has warned, explaining the country's reluctance to renegotiate the lucrative treaty it has with New Delhi.
9 years, 2 months ago