EU: Code of Conduct Group (Business Taxation): Report to the Council (20 November 2018)

Identification of new preferential regimes under criterion 2.1

• Mauritius - MU010: Partial exemption system (under FHTP monitoring);
• Mauritius - MU011: banks holding a banking licence under the Banking Act 2004 (new regime replacing regime MU006) (under FHTP monitoring);
• Mauritius - MU012: manufacturing activities under the Freeport zone regime (under COCG monitoring);

The following assessments were furthermore agreed by the COCG in respect of the newly identified regimes that fall under its monitoring:

• Mauritius' MU012 regime is harmful;

The COCG agreed at its meeting of 15 November 2018 that the letters seeking commitment to amend/abolish the above harmful regimes by the end of 2019 will be sent to all concerned jurisdictions before the end of 2018.

Full Report