- Mauritian Revenue Authority issued VAT Ruling No. 118 on Oct. 12
- Ruling explained VAT on carbon credit sales
- Mauritian company traded in carbon emission reduction credits
- Company considered purchasing carbon credits from trusts in Mauritius
- Tax Agency determined selling carbon credits was subject to VAT
- Seller trusts would need to register for VAT if annual turnovers exceeded 6 million Mauritian rupees
Source: news.bloombergtax.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "Mauritius"
- Mauritius to Impose 15% VAT on Foreign Digital Services from January 2026
- Mauritius Supreme Court Enforces Strict VAT Invoice Rules in Inter-Group Leasing Case
- Mauritius Supreme Court Denies Noodle Express Input VAT Claim Over Invoicing Technicality
- Supreme Court Upholds VAT Invoice Formalities Over Substance in Noodle Express Case
- Mauritius Issues Guidance on Fair Share Contribution Obligations for Companies from 2025 to 2028
