What is the meaning of resident for legal persons and natural persons for income tax purposes in Mauritius?
Corporation X is incorporated in United States where the members of its board of management live and met. Corporation X earns income from business operations in Mauritius, where it sells and manufactures cardboard boxes. Would Mauritius regard Corporation X as a resident? Would it make any dissimilarity for tax purposes whether Mauritius regarded Corporation X as resident or non-resident? Provide reasons for your answer.
Discuss and describe the significance of the term “resident” for the application of DoubleTax Avoidance treaty?
Describe carefully how cases of dual residence for individuals would be resolved by application of the appropriate provisions of a tax treaty based upon the OECD model.