← 1. Mauritius intends to implement penalties through amended CbCR Regulations, which are expected to be in force before the end of June 2019. Based on Article 7A of the draft amended CbCR Regulations: 1) Any person who fails to comply with the provisions of the CbCR Regulations is liable to a penalty of 5,000 rupees. 2) Where the failure to comply continues, the person will be liable to a further penalty of 10,000 rupees per month or part of the month during which the failure continues, for an aggregate not exceeding 120,000 rupees. 3) A person will be liable to a penalty not exceeding 50,000 rupees where the person provides inaccurate information. This aspect will be monitored. This monitoring point remains in place form the 2017/2018 peer review.
← 2. There are no specific processes in place that would allow appropriate measures in case Mauritius is notified by another jurisdiction that such other jurisdiction has reason to believe that an error may have led to incorrect or incomplete information reported by a Reporting Entity or that a Reporting Entity is failing to comply with respect to CbC reporting obligations. As no exchange of CbC reports has yet occurred, no recommendation is made but this aspect will be further monitored
← 3. No inconsistency with the terms of reference will be identified where a QCAA is not in effect with one or more jurisdictions of the Inclusive Framework that meet the confidentiality, consistency and appropriate use conditions, but this is due to circumstances that are not under the control of the reviewed jurisdiction. This may include, for example, where the other jurisdiction intends to exchange CbC reports using the MCAA but it does not have the Convention in effect for the relevant fiscal period, or where the other jurisdiction has declined to have a QCAA in effect with the reviewed jurisdiction.
