The reported warning says new corporate taxes could weaken lenders’ earnings and chip away at Mauritius’s long-standing appeal as a low-tax conduit for cross-border capital flows.
Moody’s reportedly warned that new corporate taxes in Mauritius could pressure bank profitability and reduce the island’s competitive advantage as a low-tax hub for cross-border capital flows. The concern points to a potential hit to lenders’ earnings while also raising questions about Mauritius’s position in international financial intermediation, where tax efficiency has been a key draw for offshore and cross-border structures.