On 28 July 2015, officials from Jersey and Seychelles signed an income tax treaty. The treaty is the first of its kind between the two jurisdictions.
Taxes Covered
The treaty covers Jersey income tax and Seychelles business tax, income and non-monetary benefits tax act, and petroleum income tax.
Service PE
The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise of one Contracting Party furnishes services in the other Party through e…