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  ** STOP PRESS **
  • Credit crunch
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  • Time to consider a new shelter from the avalanche of doom?
ILS Fiduciaries provide corporate solutions to managing wealth.

It's never too late to re-organise in order to be sure that wealth is in a safe place.

If you are a worried executive in a bank or financial institution with corporate portfolios, trusts or foundations spread amongst various providers, it's a good time to consider re-housing them with ILS at preferential rates.

Contact: Alan Cable


 
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Newsletter | Articles
Mauritius Tax Treaty Update
K.C. Li of Mauritius International Trust Company

It was announced recently that there had been a positive outcome to the negotiations for the conclusion of a Double Taxation Avoidance Agreement and on Investment Promotion and Protection Agreement between Mauritius and Barbados which took place from 26 to 30 January 2004 in Barbados.

The current status of the Mauritius tax treaty network is as follows:

So far Mauritius has concluded 28 tax treaties and is party to a series of treaties under negotiation. The treaties currently in force are with:

 Belgium  Botswana  Cyprus
 Democratic Socialist Republic of Sri Lanka  France  Germany
 India  Indonesia  Italy
 Kuwait  Luxembourg  Madagascar
 Malaysia  Mozambique  Namibia
 Nepal  Oman  Pakistan
 People’s Republic of China  Singapore  South Africa
 Swaziland  Sweden  Thailand
 United Kingdom  Zimbabwe  Croatia
 Rwanda    

12 treaties await ratification with:

 Bangladesh  Croatia  Lesotho  Malawi
 Nigeria  Russia  Senegal  Tunisia
 Uganda  Vietnam  Zambia  

5 treaties are being negotiated with: Canada, Czech Republic, Greece, Portugal & Barbados.