On 9 July 2014, an income tax treaty between Singapore and Seychelles was signed. The treaty is the first of its kind between the two countries. Taxes Covered The treaty covers Singapore income tax, and Seychelles business tax, income and non-monetary benefits tax, and petroleum tax. Service PE The treaty includes the provision that a permanent establishment will be deemed constituted when an enterprise of one Contracting State furnishes services in the other State through employees or other engaged personnel for the same or connected project for a period or periods aggregating more than 365 days in any 15 month...