Mauritius
does not have any avoidance legislation under which its residents may be
deemed to be taxable on profits accumulated by companies located in low-tax
jurisdictions if they hold interests of a particular kind in the company
concerned. However, there is anti-avoidance provision under the Income Tax
Act 1995 relating to: excessive remuneration or share of profits; excessive
management expenses; rights over income related transactions to avoid tax
liability.