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ITAConsolidated 82

The document outlines provisions related to income tax for individuals holding a premium visa in Mauritius, stating that income from remote work is deemed derived in Mauritius when remitted. It specifies that spending via foreign cards does not count as remittance and that deposits in Mauritian banks are taxable unless tax has been paid in the individual's country of origin. Additionally, it details various types of income derived from Mauritius that are subject to taxation.

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5 views1 page

ITAConsolidated 82

The document outlines provisions related to income tax for individuals holding a premium visa in Mauritius, stating that income from remote work is deemed derived in Mauritius when remitted. It specifies that spending via foreign cards does not count as remittance and that deposits in Mauritian banks are taxable unless tax has been paid in the individual's country of origin. Additionally, it details various types of income derived from Mauritius that are subject to taxation.

Uploaded by

akash.chattoor1
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd
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MRA THE INCOME TAX ACT 1995 82

73B. Premium visa

(1) Notwithstanding sections 5, 73 and 74 but subject to subsection (2),


where an individual holding a premium visa derives income for work
performed remotely from Mauritius, that income shall be deemed to be
derived by him in Mauritius when it is remitted in Mauritius.

(2) Where a holder of a premium visa spends money in Mauritius through


the use of his foreign credit or debit card, the amount so spent shall be
deemed not to have been remitted in Mauritius.

(3) Where a holder of a premium visa deposits money in a bank account in


Mauritius, he shall be liable to income tax on such deposits unless a
declaration is made to the effect that the required tax has been paid on
that income in his country of origin or residence.

(4) Repealed435*

74. Income derived from Mauritius


(1) Subject to subsection (2), income derived from Mauritius shall include -

(a) emoluments derived from any office or employment, the duties


of which are performed wholly or mainly in Mauritius, whether
such emoluments are received in Mauritius or not;

(aa) directors’ fees and any other similar payments derived by any
person in his capacity as a member of the board of directors of a
company which is resident in Mauritius, whether the services are
performed in, or from outside, Mauritius;436*

(b) annuity, pension including a pension in respect of past services


referred to in sections 23 and 62;

(c) income derived from any business carried on wholly or partly in


Mauritius;

(d) income derived from any contract wholly or partly performed in


Mauritius;

(e) income derived by a person in his capacity as owner of any


immovable property in Mauritius;

(f) income derived from investment in shares in a company resident


in Mauritius, debentures or other securities in Mauritius;437*

(g) income derived by a person from money lent by him -

* Please refer to endnotes at Appendix 1 Page 82 of 467

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