On 8 June 2017, the Mauritian Prime Minister Pravind Jugnauth delivered the 2017-2018 Budget Speech. The main tax-related measures of the Budget include:
- A reduced income tax rate of 3% on company profits from the export of goods (standard rate 15%), with the tax credit granted to those companies on investment in new plant and machinery prorated accordingly;
- An eight-year income tax holiday for new companies incorporated after 8 June 2017 that are engaged in the manufacture of pharmaceutical…