CAPE VERDE: Decree-Law on binding rulings published
Cape Verde s Ministry of Finance published
Decree-Law 74/2020 in the Official Gazette on 12 October 2020,
setting out the conditions for taxpayers requesting binding tax
information rulings. The Decree Law became effective on the same
day.
Once the application is submitted, the tax administration is
obliged to respond and notify the applicant within a maximum of 75
days. However, an urgent response within 45 days may be provided
for justified requests, provided that the request is accompanied by
a legal-tax framework proposal. The tax authority must notify an
applicant within 30 days on whether a request is accepted as
Assembly approves amendments to Business Tax law, supplementary appropriation bill
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Seychelles: New Deadline - Foreign Property Owners in Seychelles Must Pay Property Tax By March
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New deadline: Foreign property owners in Seychelles must pay Property Tax by March
Victoria, Seychelles | December 10, 2020, Thursday @ 13:58 in Business | By: Sharon Ernesta | Views: 4141
Immovable Property Tax is assessed on real estate and it is usually based on the value of the property. (Gerard Larose, Seychelles Tourism Board)
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(Seychelles News Agency) - Foreigners who own property in Seychelles now have until the end of March 2021 to pay the new
Immoveable Property Tax Act.
Immoveable Property Tax (Interim Measures) Bill was approved on Wednesday by the National Assembly.
The Bill was presented by Minister of Finance, Economic Planning and Trade Naadir Hassan, who explained that it proposes certain amendments to the legislative framework relating to the Immoveable Property Act 2019 which provides for non-Seychellois to register and pay a 0.25 percent tax on the immovable property based on evaluations of the value of the said property.