Mauritius to sign DTAA with Republic of Angola
Article Published on November 28, 2022
Mauritius is set to sign a Double Taxation Avoidance Agreement (DTAA) with the Republic of Angola. This DTAA which is currently awaiting ratification will aim to inter alia:
a. provide tax certainty to investors of the two countries in their dealings with Mauritius or Angola, as the case may be;
b. provide mechanisms to -
i. combat tax evasion and other malpractices through collaboration between the two authorities in terms of exchange of information and lending assistance to each other for the collection of tax due to the concerned tax authority; and
ii. resolve tax disputes that may arise, through a mutual agreement procedure; and
c. create a conducive environment for greater investment flows from the Mauritian global business sector to Angola, by providing tax incentives.