close
Share with your friends

Mauritius: Enacted legislation includes tax relief, also a tax levy (COVID-19)

Mauritius: Enacted legislation includes tax relief

Legislation that includes tax measures in response to the coronavirus (COVID-19) pandemic has been enacted.

1000

Related content

The COVID-19 (Miscellaneous Provisions) Bill was passed by Parliament on 15 May 2020, and signed by the president on 16 May 2020.

Among the measures in the enacted legislation is a “COVID-19 levy” that will be imposed on companies, individuals and resident societies that received government wage assistance. Calculation of the COVID-19 levy generally is limited to the lower of the amount of financial support received or 15% of the employer’s tax adjusted income, and the COVID-19 levy will be payable over a two-year period.

Other provisions (as reflected in the draft version of the bill—read TaxNewsFlash) reflect:

  • Deductions for contributions to the COVID-19 solidarity fund
  • A zero rate (0%), instead of 15%, for value added tax (VAT) on certain medical supplies
  • An extension of time to pay taxes, to 25 June 2020
  • Extensions of time to resolve tax disputes


Read a May 2020 report [PDF 924 KB] prepared by the KPMG member firm in Mauritius

The KPMG logo and name are trademarks of KPMG International. KPMG International is a Swiss cooperative that serves as a coordinating entity for a network of independent member firms. KPMG International provides no audit or other client services. Such services are provided solely by member firms in their respective geographic areas. KPMG International and its member firms are legally distinct and separate entities. They are not and nothing contained herein shall be construed to place these entities in the relationship of parents, subsidiaries, agents, partners, or joint venturers. No member firm has any authority (actual, apparent, implied or otherwise) to obligate or bind KPMG International or any member firm in any manner whatsoever. The information contained in herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal