On 18 December 2015, the income tax treaty between Seychelles and Singapore entered into force. The treaty, signed 9 July 2014, 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...