The Minister of Finance, Economic Planning and Development promulgated the Double Taxation Avoidance agreement (Kingdom of Lesotho)
Regulations 2021. The Double Taxation Avoidance Agreement with the Kingdom of Lesotho would:
– provide certainty to investors in their dealings with Mauritius or Lesotho, as the case may be;
– create a conducive environment for greater cross-border investment flows between the two countries; and
– provide mechanisms to:
• combat tax evasion and other malpractices; and
• resolve tax disputes that may arise.