Mauritius Tax Agency Issues Communique on Fair Share Contribution Obligations for Companies

The Mauritius Revenue Authority Oct. 31 issued a communique on Fair Share Contribution (FSC) obligations for companies, for income derived from July 1, 2025, to June 30, 2028. The communique states that: 1) companies are liable for the FSC if they have supplies exceeding 24 million Mauritian rupees (US$522,198), or are required to be registered under the VAT Act, and have chargeable income exceeding this threshold in an accounting year; 2) a 2 percent FSC rate applies to companies with a 3 percent corporate income tax rate; 3) a 5 percent FSC rate applies to companies with a 15 percent ...