{"id":25215,"date":"2023-01-22T09:22:03","date_gmt":"2023-01-22T09:22:03","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene"},"modified":"2023-01-22T10:11:43","modified_gmt":"2023-01-22T10:11:43","slug":"fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene","title":{"rendered":"FSI and Andersen proceeds with the launching of Tax Series 2023 in Eb\u00e8ne"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>The Financial Services Institute (FSI), in collaboration with Andersen (Mauritius) Ltd, launched, this morning, a training on Tax Series 2023 on the theme \u2018Demystifying the Mauritian Tax Administrative System\u2019, at Hennessy Park Hotel, in Ebe\u0300ne.<\/p>\n

The Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun; the Director of the Mauritius Revenue Authority (MRA), Mr Mahmad Oozeer; and other personalities were present on the occasion.<\/p>\n

In his keynote address, Minister Seeruttun indicated that this initiative brought together the FSI and Andersen (Mauritius) Ltd in a public-private collaboration aimed at enhancing the understanding, practical application and compliance of relevant local and international laws related to taxation.<\/p>\n

\u201cI believe that this public-private proposition with its year-long calendar of literacy events is the first of its kind aimed at minimising tax complexity and raising the level of taxpayer awareness and compliance,\u201d he pointed out.<\/p>\n

Furthermore, the Minister stressed that in order to maintain the good standing with international standard setters such as the Organisation for Economic Co-operation and Development and the European Union, it was essential to inculcate a culture of adherence to local and international tax laws that put the country at par with other established and reputed International Finance Centres (IFC).<\/p>\n

On this score, he reiterated the importance for specialist training in the field of taxation, fund management or wealth management, among others, adding that these Tax Series were most welcomed as a new chapter in the financial services sector\u2019s Training Calendar.<\/p>\n

\u201cOne of the priority areas for the financial services sector this year is talent development so as to ensure that we have the skills required to meet the needs of the future,\u201d Mr Seeruttun stated. In addition, the Minister remarked that continuous learning as regards financial education was central to overall economic prosperity.<\/p>\n

On this note, he announced that the financial services sector was putting in place a suite of courses and training programmes aimed at building on the strengths of people as such education campaigns would help forge the compliance culture and attitude needed among the population.<\/p>\n

Speaking on the Tax Series 2023, Mr Seeruttun underlined that these aimed at demystifying complex issues in the tax administration system and would provide invaluable insights from the perspectives of the Regulator as well as Tax experts.<\/p>\n

\u201cEvery IFC needs a strong team of tax professionals and advisors who master the tax administration system and hold the expertise in navigating the tax administration system for and on behalf of clients and investors,\u201d he said.<\/p>\n

Furthermore, Minister Seeruttun commended the MRA for their laudable efforts in modernising the country\u2019s tax administration system, adding that the efforts of the MRA over the years had resulted in the remarkable score achieved by Mauritius, which jumped to the fifth position in the World Bank\u2019s Ease of Paying Taxes Index.<\/p>\n

Mr Oozeer, speaking on behalf of the Director-General of the MRA, Mr Sudhamo Lal, highlighted that the world of taxation was under constant evolution with pronounced developments taking place in technology which were impacting directly and indirectly the tax system.<\/p>\n

\u201cIt is therefore critical for our people to learn, understand and impart the changes taking place in taxation, both locally and internationally as taxation has an important bearing on our financial services sector and may affect its attractiveness and viability,\u201d he pointed out.<\/p>\n

Furthermore, the Director commended the partnership between the FSI and tax professionals such as Andersen for their initiatives to deliver expert tax trainings and disseminate tax knowledge.<\/p>\n

On this note, Mr Oozeer appealed to the academia to be in constant dialogue with tax professionals and the tax administration so as to learn about the needs of the industry in terms of skills and expertise.<\/p>\n

\u201cThe level of voluntary compliance,\u201d he underscored, \u201cdepends on tax literacy of the population.<\/p>\n

\u201d On this note, Mr Oozeer dwelt on some initiatives taken by the financial services sector geared towards making the population at large more tax literate, including: publishing of guides, booklets and leaflets; several educational and awareness campaigns, year in and year out, for stakeholders; and educating students about taxation by introducing some basics about taxation in Mauritius in the school curriculum at Grade 7.<\/p>\n

\u201cAt the level of the MRA, a major initiative that shall be promoted in 2023 will be the concept of \u2018tax governance\u2019 as our aim will be to bring a culture change within large corporations with an enhanced involvement of the board of large companies in the tax strategy of these companies,\u201d the Director indicated.<\/p>\n

Mr Oozeer emphasised that increasing globalisation and digitalisation had been adding layers of complexity to the tax system and to the tax administration in maintaining or enhancing tax compliance.<\/p>\n

\u201cTherefore, the challenge for all of us is to adapt to the new world order by working together, sharing our views and ideas and publish papers, articles, magazines for the empowerment of every tax stakeholder,\u201d he stressed.<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. The Financial Services Institute (FSI), in collaboration with Andersen (Mauritius) Ltd, launched, this morning, a training on Tax Series 2023 on the theme \u2018Demystifying the Mauritian Tax Administrative System\u2019, at Hennessy Park Hotel, in Ebe\u0300ne. The Minister of Financial Services and Good Governance, Mr Mahen Kumar Seeruttun; the Director of the Mauritius […]<\/p>\n","protected":false},"author":84,"featured_media":25214,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7,8],"tags":[233,245,306,241],"class_list":["post-25215","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","category-homepage-english","tag-africa-press","tag-africa-press-mauritius","tag-governance","tag-mauritius"],"yoast_head":"\nFSI and Andersen proceeds with the launching of Tax Series 2023 in Eb\u00e8ne - Mauritius<\/title>\n<meta name=\"description\" content=\"The Financial Services Institute (FSI), in collaboration with Andersen (Mauritius) Ltd, launched, this morning, a traini ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"FSI and Andersen proceeds with the launching of Tax Series 2023 in Eb\u00e8ne\" \/>\n<meta property=\"og:description\" content=\"The Financial Services Institute (FSI), in collaboration with Andersen (Mauritius) Ltd, launched, this morning, a traini ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-01-22T09:22:03+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-22T10:11:43+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/01\/postQueueImg_1674366824.63.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"FSI and Andersen proceeds with the launching of Tax Series 2023 in Eb\u00e8ne\",\"datePublished\":\"2023-01-22T09:22:03+00:00\",\"dateModified\":\"2023-01-22T10:11:43+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\"},\"wordCount\":836,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/01\/postQueueImg_1674366824.63.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Governance\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\",\"homepage-english\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/fsi-and-andersen-proceeds-with-the-launching-of-tax-series-2023-in-ebene\",\"name\":\"FSI and Andersen proceeds with the launching of Tax Series 2023 in Eb\u00e8ne - 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