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Mauritius Supreme Court reverses Assessment Review Committee decision to hold 80% of company's interest income was tax-exempt

|Tax Alerts, National/Federal Taxation, G ...|Mauritius
Mauritius

  • On 31 January 2025, the Supreme Court (SC) of Mauritius delivered a landmark judgment reversing a 58-page decision that the Assessment Review Committee (ARC) had issued in favor of the Mauritius Revenue Authority (MRA).
  • The SC confirms that the appellant was eligible to treat 80% of its interest income as exempt, even though its principal activity was the production and sale of electricity, and its…

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