On 5 July 2017 at the OECD headquarters in Paris, the Ministry of Finance and Economic Development of Mauritius has signed the Multilateral Convention to Implement Tax Treaty Related Measures to prevent Base Erosion and Profit Shifting (MLI).
Based on expressed reservations at this point in time, 23 bilateral tax treaties concluded by Mauritius would be impacted by this signing. Mauritius has committed to modifying its remaining tax treaties through bilateral negotiations. The MLI is a legal instrument designed to prevent base erosion and profit shifting (BEPS) by multinational enterprises.
Mauritius has also reaffirmed that it will implement the minimum standards outlined in the OECD/G20 recommendations on BEPS by 2018.