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Mauritius Works On DTAA Network

by Lorys Charalambous, for LawAndTax-News.com, Cyprus

09 October 2006


Mauritius continues to expand its network of Double Taxation Avoidance Agreements: an agreement was signed with the United Arab Emirates in September; discussions are taking place with Egypt; and the agreement with China was recently amended.

Prime Minister Ramakrishna Sithanen and Dr Mohammed Khalfan Bin Kharbash, Minister of State for Finance and Industry of the United Arab Emirates signed a DTAA between Mauritius and the UAE on 18 September 2006 in Singapore during the 2006 Joint IMF-World Bank Annual Meeting. The DTAA will come into force after both countries have completed the necessary internal legal procedures and notified each other of its completion.

The first round of negotiations for the conclusion of a DTAA with the Arab Republic of Egypt was held in Mauritius from 11 to 14 September 2006.

The Mauritian delegation was led by Mr M. Mosafeer, Director, Large Taxpayers, Mauritius Revenue Authority and the Egyptian delegation by Mrs E M Rakem, Head of the International Agreements Division, Ministry of Finance.

The negotiations were held in a friendly atmosphere of mutual understanding. Both sides have agreed to pursue discussions at a second round of negotiations to be held in Egypt at a date to be arranged through diplomatic channels.

On 5 September 2006, Mauritius and the People’s Republic of China signed a Protocol to the China-Mauritius DTAA. The Protocol amends the Capital Gains and Exchange of Information Articles of the DTAA. It will come into force after both countries have completed the necessary internal legal procedures and notified each other of its completion.


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