Mauritius
Taxing developments: India and Mauritius
Recent changes to India’s double taxation agreement with Mauritius have brought welcome clarity to the country’s private equity investors, but are also likely to require changes to their business practices
India renegotiates Mauritius tax treaty
India and Mauritius have agreed to amend their double taxation treaty (DTA) so as to allow India to levy capital gains tax on foreign investors from 2017.
IVCA expresses concern over proposed tax law changes
The Indian Private Equity and Venture Capital Association (IVCA) has expressed its concern that the draft guidelines on India’s proposed anti-avoidance legislation are too vague.
India postpones anti-avoidance rules, cuts capital gains tax for PE
India has postponed the implementation of anti-avoidance legislation, which impacts the tax treatment of offshore structures used to channel capital into the country, and reduced the tax rate on capital gains arising from private equity transactions....
Paracor to launch $200m real estate fund
Mauritius private equity firm Paracor Capital Advisors plans to launch an INR9.87 billion ($200 million) fund, which will invest in real estate projects in the seven top cities in India.
Indian investors reconsider structures
Proposed tax reforms are threatening Mauritius’ dominant position as the preferred foreign investment conduit for India
Fund formation: Singapore asserts its onshore qualities
Asia-focused private equity players from the likes of India and Australia are becoming fans of Singapore’s tax-efficient offshore structures