• Register
Return to: Home > News > Mauritius signs the OECD’s multilateral convention

Mauritius signs the OECD’s multilateral convention

Mauritius’s ministry of finance and economic development has signed the multilateral convention to implement tax treaty related measures to prevent base erosion and profit shifting (BEPS), also referred to as the multilateral instrument (MLI).

The MLI is a legal tool which is designed to prevent BEPS as well as enabling jurisdictions in transposing the minimum standards of OECD/G20 Project into their current networks of bilateral tax treaties quickly and efficiently. This will allow them to implement these standards into their tax treaties to deter treaty abuse and ‘treaty shopping’.

BEPS refers to tax avoidance strategies which artificially move profits into low or no-tax locations by exploiting the gaps and mismatches in tax rules.

A list of 69 jurisdictions who participate in the MLI and the position of each Party and Signatory under the Convention are available here.

Top Content

    Choosing the right location can have cast-iron benefits

    As Game of Thrones, one of the biggest television shows of all time, comes to an end, Joe Pickard looks at how tax incentives offered to television and film production companies help the wider economy.

    read more

    Primary financial statements: a game changer in reporting?

    International Accounting Standards Board chair Hans Hoogervorst delivered a speech at the Seminario International sobre NIIF y NIF, organised by the Consejo Mexicano de Normas de Información Financiera in Mexico. The Accountant presents the highlights.

    read more

    FASB readies standards for the netflix generation

    The US Financial Accounting Standards Board (FASB) has updated its accounting standard for entertainment, with a specific eye on keeping up to date with how episodic content, such as television programmes, is consumed in the modern world. Jonathan Minter reports.

    read more

    Brexit: why it takes two to tango

    Former TA editor Vincent Huck, now editor of Insurance Asset Risk, looks at why Brexit might unleash geopolitical intrigue in Europe’s accounting standard-setting scene – and why IFRS 17 will be an incredible source of opportunity for firms in the coming years.

    read more
Privacy Policy

We have updated our privacy policy. In the latest update it explains what cookies are and how we use them on our site. To learn more about cookies and their benefits, please view our privacy policy. Please be aware that parts of this site will not function correctly if you disable cookies. By continuing to use this site, you consent to our use of cookies in accordance with our privacy policy unless you have disabled them.