Mauritius: Tax provisions in Finance Act 2017 | KPMG Global
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Mauritius: Tax provisions in Finance Act 2017

Mauritius: Tax provisions in Finance Act 2017

The Finance Act 2017 was approved by the Parliament and signed by the president last week. The legislation incorporates measures from the budget speech presented in June 2017 (although some measures announced in the budget speech do not require legislative changes or will be introduced by regulation).


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Among the tax provisions in the Finance Act 2017 are the following:

  • A “tax holiday” of eight years to certain companies (for example, those engaged in innovation-driven activities for intellectual property assets or those engaged in the manufacture of pharmaceutical products, medical devices, and high tech products) and for companies engaged in exploitation and use of deep water for air conditioning installations, facilities, and services
  • Tax incentives for the “green economy” and research and development
  • A reduced corporate tax rate (3%) on income from exports of goods
  • New loss carryforward tax relief
  • Extended capital allowances for certain items (e.g., solar energy units)
  • Measures affecting high net worth individual taxpayers, including the “solidarity levy”


Read a July 2017 report [PDF 691 KB] prepared by the KPMG member firm in Mauritius

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