Kenya-Mauritius double taxation avoidance deal, a deep hole in revenue basket
The Tax Justice Network found that the Kenya-Mauritius tax deal would undermine tax revenue mobilisation while delivering little benefit on the competitiveness front. PHOTO | FILE | NMG
Seven years ago, Kenya signed a Double Taxation Avoidance Agreement (DTAA) with Mauritius in the quest to promote foreign direct investment (FDI) flows into the East African nation.
The agreement sought to put the competitiveness of Kenyan companies at par with those of other African countries that already had tax treaties with Mauritius and to streamline tax effectiveness.
