Mauritius In Tax Deal

Sep 28, 2003

THE island state of Mauritius in the Indiain Ocean and Uganda have signed a double taxation agreement with respect to income and corporate taxes.

By David Muwanga
THE island state of Mauritius in the Indiain Ocean and Uganda have signed a double taxation agreement with respect to income and corporate taxes.
Ugandan Ambassador to South Africa, Joseph Tomusange and his counterpart, Harold John Dacruz, sealed the deal in Pretoria, South Africa on September 19.
Uganda Investment Authority Assistant Director of Investment Promotion division, Arthur Tukahirwa who attended the function, said over the weekend, the deal will enable business people to pay income tax in either one of the two countries, but not both.
“If an investor is paying corporate tax for example that is 30%, he only pays it either in Mauritius or Uganda. The agreement also protects both countries against tax evasion by the investors,” he said.
He said the convention covers any other taxes of substantially similar character that are imposed by either state after the date of signing.
“We agreed in the convention that the authorities of the two contracting states shall notify each other of any substantial changes which have been made in their respective taxation laws and if desirable to amend any article without affecting the general principles,” he said.
The deal also covers income from immovable property, business profits, shipping and several other tax areas.
interest, royalties, technical fees, capital gains, independent and dependent personal services, theatre, movies, radio and television, musicians, sports persons, pensions, and government services.
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