On 23 October 2017 the Republic of Cyprus and the Republic of Mauritius signed a Protocol amending the Convention for the Avoidance of Double Taxation and the prevention of tax evasion that was signed on January 2000.
The amended Protocol will bring the provisions regarding the exchange of information in relation to taxes in the current agreement in line with the OECD Model Convention on the Avoidance of Double Taxation on Income.
The exchange of information based on this Model will become effective between the tax authorities of the two countries, when the amending Protocol enters into force, and aims to assist further in the avoidance of international tax evasion and tax abuse.
The amending protocol is expected to strength further the economic and commercial relations between the two countries.