Mauritius: Taxpayer not allowed to defer annual allowances for acquired assets to more profitable years (Supreme Court decision)
Taxpayer must claim annual allowance in year asset is first used.
The Supreme Court of Mauritius held that the taxpayer, a provider of logistics, warehousing, and distribution facilities in Mauritius, was not allowed to defer annual allowances for acquired assets to more profitable tax years. Rather, the taxpayer must claim the annual allowance in the year an asset is first used, and in each subsequent year.
Read an April 2025 report prepared by the KPMG member firm in Mauritius