Mauritius releases FATCA and CRS communique

On 11 June 2019, the Mauritius Revenue Authority (“MRA”) issued communiques on the Foreign Account Tax Compliance Act (“FATCA”) (Link) and the Common Reporting Standard (“CRS”) (Link).

FATCA and CRS information in respect of the year 2018 will have to be reported to the MRA by 31 July 2019.

Financial institutions must ensure that country codes allocated to their account holders are correct and match the jurisdiction in which the information is to be reported. FATCA and CRS reporting will only be possible through MRA’s website using the provided username and password.

For additional information, contact the FATCA/CRS Unit on 2076000 or via email at fatcacrsunit@mra.mu.

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