Seychelles initials and signs DTAA with Isle of Man, Swaziland


19-November-2012

A similar agreement has also been signed with the Kingdom of Swaziland.

The agreement with the Isle of Man on October 16 was initialed on behalf of the government of Seychelles by the principal secretary of the Ministry of Finance, Trade and Investment, Steve Fanny, and on behalf of the government of Isle of Man, by the deputy assessor of the Treasury at the Government Office, Nicola Guffogg.
 
The agreement with the Kingdom of Swaziland was signed on behalf of the government of Seychelles by Claude Morel, the country’s high commissioner based in Pretoria, South Africa and on behalf of the Kingdom of Swaziland, by the Minister for Finance, Majoziv Sithole.

The DTAA provides for certainty with regard to taxes payable on incomes generated from investments made and on services provided between the two countries.

 It also provides an inducement to nationals of both countries to focus their attention on increasing trade, investment and employment opportunities.

The Ministry of Finance, Trade and Investment is focusing on concluding negotiations on DTAAs with countries on the African continent, Eastern Europe and Asia in the final quarter of 2012 and for 2013.

In total we have 21 DTAAs signed, 16 of which are in force.

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