Circular No 4 of 2020 – Applicability of taxes under the Income and Non-Monetary Benefit Tax Act to ITZ operators

The Financial Services Authority (“FSA”) would like to draw the attention of all its licensees under the International Trade Zone Act, 1995(“ITZ Act”)on theirtax liabilities under Income and Non-Monetary Benefit Tax(“INMBT”)Act on emoluments and non-monetary benefits being offered toemployees of ITZ licensees.

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Victoria, Mahe, Seychelles

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