The Treasury & Resources Department of Guernsey has recommended the ratification of the tax treaty between Guernsey and Seychelles. The treaty was signed January 27th, 2014, and includes the following withholding rates:

• Dividends - 0%
• Interest - 0%
• Royalties - 5%

The treaty will enter into force after the exchange of the ratification instruments and apply from January 1st of the following ye…