Kerzner International Mauritius Holdings Ltd (Appellant) v Assessment Review Committee and another (Respondent) (Mauritius)
Case ID: JCPC 2019/0126
Jurisdiction: Supreme Court of Mauritius
Case summary
Issue
What is the correct approach to the valuation of property for the purposes of section 28 of the Land (Duties and Taxes) Act 1984?
Facts
The Appellant purchased 20% of a third party's shares in a property currently used as a golf course (the "Subject Property"). The consideration for the property's transfer was initially determined to be MUR 345,566,722. However, the Registrar General re-assessed the value of the Subject Property at MUR 1,170,000,000. Upon appeal, the Assessment Review Committee ("ARC") valued the Subject Property at MUR 855,364,000. The Supreme Court of Mauritius dismissed the Appellant's challenge to the ARC’s decision. The Appellant now appeals to the Judicial Committee of the Privy Council.
Parties
Appellant(s)
Kerzner International Mauritius Holdings Ltd
Respondent(s)
Assessment Review Committee and another
Appeal
Justices
Lord Briggs, Lady Arden, Lord Hamblen, Lord Leggatt, Lord Burrows
Hearing start date
06 May 2021
Hearing finish date
06 May 2021
| Watch hearing | |
|---|---|
| 06 May 2021 | Morning session |
Judgment details
Judgment date
12 July 2021
Neutral citation
[2021] UKPC 18