Mauritius and the Co-operative Republic of Guyana have reached an agreement to sign a Double Taxation Avoidance Agreement (DTAA). The primary objectives of this DTAA are to clarify the taxation rights of both countries on income and to achieve the following:
(a) Provide certainty to investors and foster a favorable environment for increased cross-border investment.
(b) Establish a framework for the exchange of information between the tax authorities of Mauritius and Guyana to combat tax evasion and other illicit tax practices.
(c) Offer taxpayers a mechanism for resolving tax disputes.
The Mauritius-Guyana DTAA will become effective once it is signed by both contracting states and the ratification procedures have been completed by both parties.