Decoded: What is the recent amendment in Mauritius' Income Tax Act?

For any Mauritian company to be considered to be tax resident in Mauritius, all its strategic decisions relating to its core income generating activities should be made in the country

Last month, Mauritius amended its Income Tax Act and inserted a clause to determine the place of effective management, in line with global best practices. Ashley Coutinho explains the impact of the amendment:  

What is the recent amendment in Mauritius’ Income Tax Act?
 

Mauritius has inserted a clause for determining the place of effective management (POEM), making it difficult to establish residency in the country. On 28 November 2018, the Mauritius Revenue Authority (MRA) issued a Statement of Practice (SOP) regarding section 73A of the Income Tax Act (the Act) on POEM. Section 73A of the Act effectively overrides the