- The Mauritian Revenue Authority announced updated VAT registration requirements effective October 1. Businesses with annual taxable supplies over 3 million Mauritian rupees and holders of a Pleasure Craft License for commercial crafts over 12 meters must register. Registration is available on the Revenue Authority’s website. Registered taxpayers must charge VAT on all non-exempt supplies from October 1. Non-compliance may lead to fines up to three times the tax amount and imprisonment for up to eight years.
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.
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