Mauritius Budget 2015 Presented

On 23 March 2015, the Mauritian Minister of Finance and Economic Development Seetanah Lutchmeenaraidoo presented the country's Budget 2015. The key tax related measures of the budget are as follows:

Corporate Tax

• Exemption from corporate income tax and tax deduction at source for 8 years is introduced for SMEs (turnover not exceeding MUR 10 million) registered after 1 January 2015
• The alternate minimum tax is abolished for all sectors
• The 50% accelerated allowance for green technology equi…