The OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes has rated the Mauritius IFC as a “Compliant” jurisdiction under the new and enhanced peer review based on assessing compliance with international standards for exchange of information on request between tax authorities.
The new round of peer reviews — launched in mid-2016 — followed a six-year process during which the Global Forum assessed the legal and regulatory framework for information exchange (Phase 1) as well as the actual practices and procedures (Phase 2) in 119 jurisdictions worldwide.
The Global Forum on Transparency and Exchange of Information for Tax purposes is a multilateral framework for tax transparency and information sharing within which over 140 jurisdictions participate on an equal footing.
This rating bears testimony to the good standard of Mauritius as a compliant jurisdiction as far as transparency and exchange of information is concerned.
Mauritius is and remains a fully collaborative and responsible international financial centre which taken significant steps to adhere to international best practices as set by leading globally recognised institutions.