The Finance (Miscellaneous Provisions) Bill 2020 was passed by parliament and received presidential assent on 7 August 2020.
During the parliamentary process, amendments made to the Finance Bill 2020 generally concerned immigration law and occupation permits.
The Finance Bill 2020 did not include a proposed corporate tax levy on large companies and, regarding individual income tax, capped a “solidarity levy” on high-income earners so that the maximum effective tax rate would be 25%. Read TaxNewsFlash
Read an August 2020 report [PDF 130 KB] prepared by the KPMG member firm in Mauritius
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