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Seychelles Announces Tax System Review with OECD

|Proposed Changes|Seychelles
Seychelles

The Seychelles Ministry of Finance has issued a press release announcing that a review of the country's tax system is to be carried out from 22 to 26 July 2019 with the OECD. The review will include a number of consultative sessions during the week on a new business tax regime, including.

  • Discussion on areas for business tax simplification;
  • Discussion of the advantages/ disadvantages of the use in Seychelles of:
    • differentiated statutory CIT rates across sectors;
    • a progressive CIT rate schedu…

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