Private disposal gains
The MRA's Income Tax Act consolidated through Finance Act 2026 defines 'securities', specifically for Second Schedule Part II Sub-part C item 7, to include virtual assets and virtual tokens. Item 7 exempts gains or profits from the sale of units, securities or debt obligations by a person. The definition was changed from 1 July 2024. This statutory sale-gain provision is more precise than simply advertising 'no capital gains tax'. The asset and transaction must fall within the statutory terms.
Income and commercial activity
An exemption for a qualifying sale is not automatically an exemption for staking rewards, mining-service fees, employment pay or token-based business services at receipt. Those streams need their own classification and source analysis. The MRA publishes general individual income-tax bands from 1 July 2025 of 0% on the first Rs 500,000 of chargeable income, 10% on the next Rs 500,000 and 20% on the remainder. Do not confuse these ordinary-income bands with the sale exemption, or call Mauritius a universal 15% crypto jurisdiction.
Residence and source
Section 73(1)(a) of the Income Tax Act includes three individual residence tests: domicile in Mauritius unless the permanent place of abode is outside Mauritius; presence for at least 183 days in the relevant income year; or an aggregate of at least 270 days in that income year and the two preceding income years. Residents are generally subject to tax on Mauritius-derived income and foreign income remitted to Mauritius. The source and remittance of crypto-derived receipts require analysis: the location of an exchange or transfer into a local bank is not a complete answer.
Special-regime limits
No generally available seven-year crypto holiday was verified. Use the express statutory sale exemption and check any separately claimed residence or investment scheme against its actual income scope.
Reporting thresholds are not tax allowances
MRA requires VASPs/initial-token-offering issuers to report all transactions for an individual account holder once a single transaction exceeds Rs 250,000 or aggregate transactions exceed Rs 2 million in the preceding income year. These are provider-reporting thresholds, not tax-free allowances or permitted transaction limits.