The Minister of Finance, Economic Planning and Development would promulgate the Double Taxation Avoidance Agreement (Republic of Estonia) Regulations 2021. The Double Taxation Avoidance Agreement with the Republic of Estonia (the “Agreement") which was signed on 19 February 2021 would:

- provide tax certainty to investors of both countries in their dealings with Mauritius or Estonia, as the case may be;
- provide mechanisms to:
• combat tax evasion and other malpractices through the collaboration between the two authorities in terms of exchange of information and lending assistance to each other for tax due to the concerned tax authorities; and
• resolve tax disputes that may arise, through a mutual agreement procedure; and
- create a conducive environment for greater cross-border investment flows between the two countries.

The promulgation of the said Regulations forms part of the internal procedure to ratify the Agreement.