Nepal sends letter to Mauritius on termination of Double Taxation Avoidance Agreement
Summary
Nepal has officially notified Mauritius about the termination of their 1999 Double Taxation Avoidance Agreement, effective from mid-July 2026, to align with updated tax laws and global standards.
Key Points
- Nepal has formally notified Mauritius about terminating the Double Taxation Avoidance Agreement signed in 1999.
- The termination aligns Nepal's tax policies with updated reforms and the global taxation system.
- Termination will be effective from the fiscal year starting mid-July 2026.
- Nepal commits to future economic and tax cooperation with Mauritius based on mutual interest and transparency.
