Seychelles
A. Progress in the implementation of the minimum standard
The Seychelles has 28 tax agreements in force, as reported in its response to the Peer Review questionnaire. None of those agreements comply with the minimum standard.
The Seychelles signed the MLI in 2017 and deposited its instrument of ratification on 14 December 2021, listing its non-compliant agreements. The MLI enters into force for the Seychelles on 1 April 2022. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
The Seychelles is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
← 1. For its agreements listed under the MLI, the Seychelles is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI). The Seychelles expressed a statement that while it accepts the application of the PPT under the MLI, it intends where possible to adopt an LOB provision through bilateral negotiation.