Subject: ITL Newsletter -THE FINANCE (MISCELLANEOUS PROVISIONS) ACT 2020

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THE FINANCE (MISCELLANEOUS PROVISIONS) ACT 2020
Introduction: The Finance (Miscellaneous Provisions) Act 2020 (referred hereinafter interchangeably as the “Finance Act 2020” or the “Act”) was gazetted on 7 August 2020 and provides for the implementation of most of the measures presented by the Minister of Finance, Economic Planning and Development, Dr. the Honourable Renganaden Padayachy in his budget speech delivered on 4 June 2020.

Our newsletter provides a curated version of the main changes made to the regulatory framework and which, in our opinion, are of relevance and interest to our valued client base. If you have any questions or concerns on how these measures will impact on your current or upcoming structures/plans, please get in touch with your usual contact person at ITL or write to us on 
info@intercontinentaltrust.com

We wish you a pleasant read!
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DISCLAIMER
The information in this e-newsletter was prepared by Intercontinental Trust Limited to provide potential clients with a broad overview of the opportunities available in Mauritius. While all reasonable care has been taken in the preparation of this e-newsletter, Intercontinental Trust Limited accepts no responsibility for any errors it may contain, whether caused by negligence or otherwise, or for any loss, however caused, sustained by any person that relies on it. Readers are advised to consult with appropriate, qualified professional advisors before taking action. Intercontinental Trust Limited will be pleased to discuss any specific issues.

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