Changes in Mauritius tax treaty welcome (South Asia Monitor)

The government has shown insight and maturity in achieving two goals in the recent signing of the protocol for amending the over-three-decade-old Double Taxation Avoidance Agreement with Mauritius. It plugs the tax leakage and abuses like round-tripping (Indians taking money out of the country and bringing it back via Mauritius) and secures the right to impose capital gains tax on the sale of shares of domestic companies by entities based in Mauritius

http://southasiamonitor.org/detail.php?type=eco&nid=16977