Mauritius: Exchange of Information Delayed 1 Year

Informations

• Publié par: claudekeiper
• Publié le: 08 février 2016
• Nombre de lectures: 0
• Licence : En savoir +
  Paternité, partage des conditions initiales à l'identique
• Langue: English

Extrait

mauritius exchange of information delayed A 15 January 2016 press release from the Mauritius Revenue Authority (MRA) announced the delay of the Organization for Economic Cooperation and Development's (OECD) Common Reporting Standard (CRS) exchanges of information for tax purposes until September 2018. Originally, the exchanges were slated to begin in September 2017. The MRA also confirmed that the requirement forMauritian financial institutionsto apply due diligence procedures to record the tax residence of clients opening new accounts will take effect from 1 January 2017. The CRS, unlike FATCA, requires information based upon tax residency, not citizenship. Established in 1977, the Mossack Fonseca Group is a leading global company which provides comprehensive legal, trust and accounting services. With over 500 staff members across every continent, the Mossack Fonseca Group provides excellent services based on more than 35 years of experience. As part of its added value, the Group offers personal advice and a world-class online experience through a virtual Client Portal which is available 24 hours a day. Our web-based Client Information Portal application allows clients to reserve companies online, verify the status of companies, and pay invoices, in addition to other transactions. Our service and research-oriented professionals specialize in trust services, wealth management, international business structures, and commercial law, among other areas.