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Seychelles To Conclude DTA With Slovenia

by Mary Swire, Tax-News.com, Hong Kong

07 June 2016

Seychelles and Slovenia have agreed to push for the conclusion of a double tax agreement, during a meeting held to discuss improving bilateral relations.

Slovenia's Ambassador, Selby Pillay, said: "Slovenia and Seychelles are connected by many attributes. As small states, we understand each other's efforts and we would be pleased to share and exchanges experiences in the fields of environment and nature conservation and tourism."

In a statement following the meeting, it was noted that the two countries are engaged in negotiations towards a double tax agreement, which would ensure that income from cross-border trade and investment is taxed only once. It would allocate the taxing rights of the two countries; potentially reduce withholding taxes on dividends, interest, and royalties income; and would likely include tax information exchange provisions.

TAGS: environment | tax | investment | Slovenia | interest | royalties | withholding tax | dividends | trade | Seychelles

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