The government of Mauritius recently published a notice implementing the Income Tax (Country by Country Reporting) (Amendment) Regulations which deal with penalties for noncompliance.

According to Notice No. 86 of 2019, published in the official gazette on 4 May, if a taxpayer fails to comply with any CbC reporting obligation, it will be liable to a penalty of MUR 5,000 (about $137). If that p…