MAURITIUS MOVES TOWARDS FLAT TAX

Here's an example of Mauritius where there are real aims to create conditions for robust, sustained and inclusive growth. The government of Mauritius eventually decided to impose the reduction of corporate tax rate to 15 percent. The flat rate will also apply to personal income tax by 2009. Pro-growth tax system is the one with a low proportion of tax burden, a system that is geared towards rewarding effort and entrepreneurship.