Joint FSC and EDB Communiqué: Mauritius IFC remains a committed development partner for Africa

The IMF has published a working paper entitled “The Cost and Benefits of Tax Treaties with Investment Hubs – Findings from Sub-Saharan Africa” on the 24th of October 2018.

• The working paper, which does not reflect the views of the IMF, examines the cost and benefits of concluding Double Tax Treaties with investment hubs, with a focus on the tax treaty policies in Sub-Saharan Africa.
• In their findings, the authors suggest that African countries are likely to face a substantial reduction in tax revenue when signing tax agreements with investment hubs like Mauritius.

The Financial Services Commission and the Economic Development Board of Mauritius, deem that the findings of the paper are purportedly misleading and biased.

Communiqué