Due to a very high workload we haven't been able to post this news before now, but thanks to the attention of our clients we have been made aware of the following TIEA's (Tax Information Exchange Agreement) signed between the countries listed below and the Seychelles:
Source OECD
So what does that mean for you?
As for now we do not see any huge impact to people who are residents of one of the above listed countries, because the agreement signed between the Seychelles and each country need to be approved first, the treaties are bilateral and have to be processed by the national parliaments before they become binding.
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- Greenland - The Seychelles (30 March 2011)
- Faroe Islands - The Seychelles (30 March 2011)
- Iceland - The Seychelles (30 March 2011)
- Finland - The Seychelles (30 March 2011)
- Denmark - The Seychelles (30 March 2011)
- Norway - The Seychelles (30 March 2011)
- Sweden - The Seychelles (30 March 2011)
Source OECD
So what does that mean for you?
As for now we do not see any huge impact to people who are residents of one of the above listed countries, because the agreement signed between the Seychelles and each country need to be approved first, the treaties are bilateral and have to be processed by the national parliaments before they become binding.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.
