ITL Seychelles newsletter: Business Tax (Amendment) Act 2020
The Business Tax (Amendment) Act, 2020 was enacted in December 2020 and is awaiting publication of its commencement date. This legislation brings the below amendments to the Business Tax Act, 2009 (“BTA”), in order to align the definition of Permanent Establishment with international standards and to introduce new rules on which foreign source income is considered to be sourced in the Seychelles. Read more.
Should you require any other information or clarifications on the newsletter, please feel free to get in touch with your usual contact person at ITSL. Alternatively, please drop us an e-mail on seychelles@intercontinentaltrust.sc
Established in 1999, Intercontinental Trust Limited (ITL) provides a plethora of financial and fiduciary services to a diversified client base including private equity firms, real estate multinationals, financial institutions, investment managers and high-net-worth individuals among others.
ITL is located in Ebene, the financial centre of Mauritius and has offices in Singapore, Seychelles and representative offices in South Africa and Kenya.