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Why Mauritian trusts remain an excellent option for South Africans
Recent changes in the way trusts are taxed in Mauritius have left South Africans confused as to whether there is still any benefit in using them – especially as some have been advised that their Mauritian trusts will no longer be exempt from paying tax on the island, says Caoilfhionn van der Walt, international tax partner at boutique international tax and structuring firm Regan van Rooy.
Recent changes in the way trusts are taxed in Mauritius have left South Africans confused as to whether there is still any benefit in using them – especially as some have been advised that their Mauritian trusts will no longer be exempt from paying tax on the island, says Caoilfhionn van der Walt, international tax partner at boutique international tax and structuring firm Regan van Rooy.