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Tax agreement signed with Republic of Seychelles

The Isle of Man has signed yet another tax information exchange agreement - this time with the Republic of Seychelles.

The official agreement is for the avoidance of double taxation and the prevention of fiscal evasion.

Treasury Minister Eddie Teare travelled to the Seychelles earlier this year to sign the agreement with the Seychelles’ Minister for Finance Trade and Investment - which came into force on 16 December.

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