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

Seychelles Introduces Progressive PIT Regime

by Lorys Charalambous, Tax-News.com, Cyprus

Thursday, June 21, 2018

The Seychelles introduced a new progressive income tax system for individuals on June 1, 2018. Read Full Story

Seychelles Needs To Redouble BEPS Efforts: UN Expert

by Lorys Charalambous, Tax-News.com, Cyprus

Monday, April 9, 2018

The Seychelles has been told to deploy more resources to implement recommendations from the OECD on base erosion and profit shifting. Read Full Story

Seychelles Lifts Import Duties On Certain Building Materials

by Lorys Charalambous, Tax-News.com, Cyprus

Wednesday, January 10, 2018

Effective January 1, 2018, import duty was removed in the Seychelles on dietary supplements, corrugated iron sheets, and various other building materials, including panels, tiles, and other similar materials. Read Full Story

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