- Statutory Instrument 97 of 2011
- Primary work
- Business Tax Act, 2009
- 8 November 2017
Download PDF (227.9 KB)
Business Tax Act, 2009
Business Tax (Double Taxation Agreement) Regulations, 2011
Statutory Instrument 97 of 2011
- Commenced on 3 February 2012
- [This is the version of this document at 8 November 2017.]
1. CitationThese Regulations may be cited as the Business Tax (Double Taxation Agreement) Regulations, 2011.
2. Declaration and effect of AgreementIt is hereby declared that the Government of the Kingdom of Bahrain and the Government of the Republic of Seychelles have entered into an Agreement for the purpose of avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and the Agreement shall have effect in relation to the tax imposed under the Act.
Agreement between the Government of the Kingdom of Bahrain and the Government of the Republic of Seychelles for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on incomeThe Government of the Kingdom of Bahrain and the Government of the Republic of Seychelles, Desiring to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital,Desiring to conclude an Agreement for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital,Have agreed as follows:
Article 1 – Persons coveredThis Agreement shall apply to persons who are residents of one or both of the Contracting States.
Article 2 – Taxes covered
Article 3 – General definitions
Article 4 – Resident
Article 5 – Permanent establishment
Article 6 – Income from immovable property
Article 7 – Business profits
Article 8 – Shipping and air transport
Article 9 – Associated enterprises
Article 10 – Dividends
Article 11 – Income from debt-claims
Article 12 – Royalties
Article 13 – Capital gains
Article 14 – Income from employment
Article 15 – Directors' feeDirectors' fees and other similar payments derived by a resident of a Contracting State in his capacity as a member of the board of directors or similar body of a company which is a resident of the other Contracting State may be taxed in that other State.
Article 16 – Artistes and sportspersons
Article 17 – Pensions
Article 18 – Government service
Article 19 – Professors and teachers
Article 20 – Students and apprenticesPayments which a student or business apprentice who is or was immediately before visiting a Contracting State a resident of the other Contracting State and who is present in the first - mentioned State solely for the purpose of his education or training receives for the purpose of his maintenance, education or training shall not be taxed in that State, provided that such payments arise from sources outside that State.
Article 21 – Other income
Article 22 – Elimination of double taxation
Article 23 – Non-discrimination
Article 24 – Mutual agreement procedure
Article 25 – Exchange of information
Article 26 – Members of diplomatic missions and consular postsNothing in this Agreement shall affect the fiscal privileges of members of diplomatic missions or consular posts under the general rules of international law or under the provisions of special agreements.
Article 27 – Entry into forceEach of the Contracting States shall notify the other Contracting State of the completion of the procedures required by its law for the bringing into force of this Agreement. This Agreement shall enter into force on the date of the later of these notifications and shall thereupon have effect:—
Article 28 – TerminationThis Agreement shall remain in force until terminated by one of the Contracting States. Either Contracting State may terminate the Agreement, through diplomatic channels, by giving notice of termination at least six months before the end of any calendar year after the period of five years from the date on which the Agreement enters into force. In such event, the Agreement shall cease to have effect as follows:—
History of this document
03 February 2012