A protocol to the 2011 tax information exchange agreement between Guernsey and Seychelles was signed 12 August 2016 by Seychelles and 1 September 2016 by Guernsey. The protocol repeals Article 11 (No Prejudicial or Restrictive Measures) of the agreement, which includes that neither Party may apply prejudicial or restrictive measures based on harmful tax practices to residents, nationals or citizens of the other Party, such as the denial of a deduction, credit or exemption, the imposition of a tax, charge or levy, or special reporting requirements. The protocol will enter into force once the ratification instruments are exchanged, and will...