Africa-Press – Seychelles. Seychelles has enlisted the support of Germany in its campaign to be excluded from the European Union so-called grey list of countries considered by the bloc as non-cooperative jurisdictions for tax purposes.
Such a list which is reviewed every year was introduced by the EU in December 2017 as part of its external strategy on taxation with a view to promoting tax good governance worldwide.
When Mr. Sebastian Groth, the ambassador of Germany to Seychelles called on the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde on Tuesday the latter took the opportunity to request Bonn’s assistance in advocating for the island nation’s removal from the European Union’s list of non-cooperation jurisdictions on tax matters.
The next review of the list takes place in October 2025 and the criteria cover tax transparency, fair taxation and implementation of international standards preventing the erosion of tax bases and the shifting of profit.
Other countries on the EU grey list include Antigua and Barbuda, Belize, British Virgin Islands, Brunei Darussalam, Eswatini, Türkiye, and Vietnam.
Radegonde also enlisted Germany’s support to push for the implementation of the Multidimensional Vulnerability Index (MVI), which was adopted during the United Nations General Assembly in August 2024.
The two diplomats discussed training opportunities to build capacity in the fields of energy and climate change, tourism related issues including the flights to be undertaken by Discover Airlines, as well as international issues which have a direct or indirect impact on Seychelles and Germany.
For More News And Analysis About Seychelles Follow Africa-Press
