The Seychelles government has released guidance notes for financial institutions on how to comply with the FATCA intergovernmental agreement (IGA) between Seychelles and the United States.
Seychelles is negotiating a Model 1B IGA with the US. On May 28, 2014, Seychelles agreed in substance to a Model 1B IGA and, until that IGA is signed, will be treated as if it had in effect agreed to the relevant Model 1B IGA.
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