Business Tax Act, 1/01/1988, Laws of Seychelles 1996 Updated in 1996 Part III Liability to taxation Part VII Collection and recovery of tax Part VIII Penal Provisions and prosecutions Trades Tax Act, 1/01/1986, Laws of Seychelles 1996 This Act regulates the imposition of taxes over goods imported, goods manufactured in Seychelles and trades tax on services, specifically Section 5 establishes the rates for each one of them. Goods and Services Tax Act, 15 December 2001 (This Act is expected to be withdrawn in 2006) “An Act to provide for the levy, assessment and payment of tax in respect of imported goods, locally manufactured goods and services land for connected matters”. Section 7: “The Minister may make regulations for carrying into effect the provisions of this Act […] the regulations may provide for offences and for the imposition of penalties or forfeitures in respect of such offences […]” (Paragraphs 1 and 3). Cultural Values In Seychelles the safeguarding and promotion of cultural values are enshrined by the Constitution as a human right (Article 39 first paragraph) and also as a duty (second paragraph). Article 39.2: “The State undertakes to take reasonable steps to ensure the preservation of the cultural heritage and values of the Seychellois people” As has been already mentioned in page 9 of this Report, the Republic is Party to the some of the most important Conventions regarding worldwide protection of cultural heritage. The following are examples: • • • Convention for the Protection of the World Cultural and Natural Heritage, Paris 1972 (Acceptance 9/04/80). OAU Cultural Charter for Africa, 1976 (Accession 31/08/1977) Convention for the Protection of Cultural Property in the Event of Armed Conflict, The Hague 1954 (Accession 8/10/2003)