Seychelles News

Seychelles Seeks Input On Corporate Tax Regime Overhaul

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, July 16, 2019

The Government of Seychelles has launched a consultation to seek views on an overhaul to the territory's business tax regime, with a new regime proposed to be implemented from 2020. Read Full Story

Seychelles Signs US FATCA Agreement

by Mike Godfrey, Tax-News.com, Washington

Tuesday, July 16, 2019

On July 3, 2019, the Seychelles Government announced that it has signed an intergovernmental agreement with the United States to implement the requirements of the US Foreign Account Tax Compliance Act. Read Full Story

Global Tax Information Exchange Has Netted States Billions

by Ulrika Lomas, Tax-News.com, Brussels

Friday, June 21, 2019

The OECD has reported on the progress achieved to improve tax transparency internationally under the new Common Reporting Standard (CRS), ahead of the meeting of G20 finance ministers in Fukuoka, Japan. Read Full Story

Seychelles Introduces New Sugary Drinks Tax

by Mike Godfrey, Tax-News.com, Washington

Monday, April 15, 2019

The Seychelles Revenue Commission has published the Excise Tax (Imposition of Sugar Tax on Drinks) Regulations, 2019, which provides for the imposition of a sugar tax on drinks effective April 1, 2019. Read Full Story

Seychelles Challenged On IBCs Tax Regime

by Lorys Charalambous, Tax-News.com, Cyprus

Tuesday, February 26, 2019

The EU's Code of Conduct Group (Business Taxation) has written to authorities in Seychelles to warn that new provisions to the territory's tax regime are considered harmful. Read Full Story

Seychelles Brings Tax Perks Into Line With Int'l Standards

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

Tuesday, February 5, 2019

The Seychelles says that the OECD has found the territory to have made sufficient reforms to comply with its BEPS Action 5 standard on harmful tax regimes. Read Full Story

Seychelles Enacts BEPS Legislation

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

Friday, December 28, 2018

Seychelles has enacted numerous legislative amendments that are intended to enable Seychelles to comply with the OECD's base erosion and profit shifting (BEPS) minimum standards. Read Full Story

Seychelles Supported To Implement BEPS Measures

by Lorys Charalambous, Tax-News.com, Cyprus

Friday, December 21, 2018

Representatives from the OECD are in Seychelles until December 14 to support the territory to implement its recommendations to tackle base erosion and profit shifting. Read Full Story

OECD Releases Guidance On Impact Of BEPS MLI

by Ulrika Lomas, Tax-News.com, Brussels

Friday, November 16, 2018

The OECD has provided a progress update on implementation of the BEPS multilateral instrument (BEPS MLI), which will become effective from January 1, 2019, and released advice for states on how to prepare guidance on the interpretation of changes to tax treaties. Read Full Story

At UN General Assembly, OECD Urges Global Carbon Tax Action

Friday, September 28, 2018

Three years on from the commitments made at the 2015 United Nations Climate Change Conference (COP21) in Paris, the overwhelming majority of governments have not taken the necessary action to contain growing risks to the climate, says the OECD. It said, with emissions on the rise again, OECD governments need to get serious about shifting their economies to a low-carbon model and stop investing in carbon-intensive infrastructure. Read Full Story

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