LDS welcomes EU’s decision to remove Seychelles from list of non-cooperative jurisdictions for tax purposes |22 February 2024

The Linyon Demokratik Seselwa has welcomed the European Union council’s decision to remove Seychelles from the list of non-cooperative jurisdictions for tax purposes.

In a press release issued on Tuesday night by the party’s secretary general Gervais Henrie, Linyon Demokratik Seselwa (LDS) said it “believes that the European Union’s (EU) decision last October to blacklist Seychelles as a non-cooperative jurisdictions for tax purposes was unjust and unfair.”

Mr Henrie added: “We salute the hard work of all those involved in improving the country's legal framework in order to improve the negative assessment of our jurisdiction.

“As the ruling party, LDS is serious in delivering on its commitments to implement the necessary reforms on tax governance.

“We urge all stakeholders to continue to work to safeguard Seychelles' credibility and its reputation as an offshore jurisdiction.”

Disclaimer: The views expressed in this article are those of the writer and do not represent the views of the Seychelles NATION newspaper.