Mauritius Tax Update
Following an order dated 13 April 2020 issued by the Government of India, Mauritius is henceforth once again regarded as an eligible country for the purpose of registration as Category I Foreign Portfolio Investor (“FPI”) under the SEBI (Foreign Portfolio Investors) Regulations, 2019 (“FPI Regulations”). The SEBI had previously issued a circular dated 7 April […]
Tax in African countries
The African Union is on a drive to make the continent economically self-sufficient and some observers believe fixing tax collection is a low-hanging fruit in this endeavour. Africa’s tax-to-GDP ratio is about 18%, while in the developed countries of the OECD it is 34%. In Nigeria, Africa’s largest economy, the number is just 5.9%. Many […]
Tax agreement between China and Republic of Congo
The People’s Republic of China (“China”), like other countries such as France, Italy, Mauritius, has signed a Tax Agreement with the Republic of Congo (“the Congo”) to prevent double taxation and tax evasion between the two states (“the Tax Convention”) , as of September 05, 2018, on the sidelines of the China – Africa Summit. In recent years, China has deployed […]
Tunisia: a favourable legal and tax framework for foreign investments
In its international relations, Tunisia has always adopted a policy of openness and moderation. It attaches a particular importance to the development and strengthening of fruitful cooperation and works towards the establishment of a favorable framework for the development of foreign investment in Tunisia. In order to meet these objectives, Tunisia has set a framework […]
