08.04.06

Talks on double taxation avoidance, Seychelles-Belgium – example of negotiation phase

Posted in Double Taxation Agreements at 4:51 pm by Robert Klien

In order to encourage and promote investment, the Seychelles held the first round of negotiations with a delegation from Belgium in November 2005. The talks were aimed at concluding an agreement for the double-taxation avoidance agreement (DTA).

Belgium was the first EU member to take part in negotiations of a Double Taxation Agreement with the Seychelles. The agreement will apply to taxes on income imposed on behalf of both countries. It will provide an opportunity to facilitate trade and investment between the Seychelles and the EU.

This is an example of negotiation phase.

The example of withdrawal phase could be a situation with Seychelles – Indonesia tax treaty described on 07.04.06 in blog “Seychelles Double Taxation Agreement with Indonesia”.

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