As per the Model-1 Intergovernmental Agreement signed between Mauritius and the US, all Mauritius Financial Institutions shall report certain information on identified US Reportable Accounts to the Mauritian Competent Authority, i.e. the Mauritius Revenue Authority (MRA).

The deadline for FATCA reporting for the period ended 31 December 2015 was initially set at 31 July 2016. However in a recent communiqué, the MRA has announced that the aforesaid reporting deadline has been extended to 31 August 2016.

Click here to view the official announcement from the MRA.

Should you require any assistance with regard to FATCA, please feel free to contact us (info@intercontinentaltrust.com).