| Mauritius Revenue Authority communique 28 April 2020
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| | Dear Client
The Mauritius Revenue Authority has issued a communique on 28 April 2020 to extend the deadline for reports due under Foreign Accounts Tax Compliance Act ( FATCA) to 30 September 2020. This extension is due to the circumstances surrounding the global pandemic and will provide a welcome (but temporary) relief to Mauritius FFIs and service providers. We however note that the communique is silent on Common Reporting Standard (“CRS”) reporting dates and therefore as matters currently stand, the deadline for CRS for the year 2019 is on 31 July 2020. Our team has expertise both in CRS and FATCA legislation- please feel free to reach out. |
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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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