- Mauritius route
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Mauritius route is a channel to evade paying taxes in India amounting to thousands of crores of rupees with the help of loopholes in a bilateral agreement on double taxation.[1]
Double Taxation Avoidance Convention
The key to the apparent paradox lies in the provisions of a two-decade-old bilateral agreement, the Double Taxation Avoidance Convention (DTAC). Foreign entities have set up paper companies in Mauritius, claiming to be Mauritian residents. These companies, masquerading as Mauritian companies, have invested in India and taking advantage of the DTAC they save paying taxes in India.
See also
- Indian black money
Corruption in India Politics List of politicians in India charged with corruptionProtests 2011 Indian anti-corruption movementIndian anti-corruption laws and enforcement International anti-corruption instruments and efforts United Nations Convention against Corruption · International asset recoveryList of scandals List of scandals in IndiaProminent anti-corruption NGO's India Against CorruptionOther Indian black money · Corruption Perceptions Index · Mauritius route · License Raj · Mafia Raj · Corruption in MumbaiReferences
Categories:- Tax avoidance
- Taxation in India
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