Seychelles

Country profiles
Country profiles

Seychelles

  • Corporate Tax Haven Index ranking: 44
  • Financial Secrecy Index ranking: 95
  • Tax loss each year to tax havens: $169,665,145
  • Tax loss inflicted on other countries: $102,038,361

Country profile

Tax abuse losses

$169,665,145

lost in tax every year to global tax abuse

$31,884,581

lost to tax avoidance committed by multinational corporations

$137,780,563

lost to tax evasion committed by private individuals

  • Equivalent to 39.47% tax revenue (tax revenue in 2020 : $429,846,082 trillion)
  • Equivalent to loss of $1,818 per member of population (Population: 93,300.30)
  • Greater than Global Average tax revenue Loss 2.61%
  • Greater than Regional Average tax revenue Loss 6.96%

Global Rankings

Corporate Tax Haven Index 2019
#44

Global Rank (First is Worst)

68.11/100

Haven Score (100 is Worst)

0.43%

Share of global tax havenry

Financial Secrecy Index 2020
#95

Global Rank (First is Worst)

70.44/100

Haven Score (100 is Worst)

0.32%

Share of global tax secrecy

Harm to other countries

$102,038,361

in tax lost by other countries

$0

by enabling corporate tax avoidance

$102,038,361

by enabling private tax evasion

Responsible for 0.02% of global tax losses
Inflicted tax loss equivalent to yearly salaries of
8,089 nurses

Social impact of lost tax

Tax loss equivalent to 350.55% of health budget
Tax loss equivalent to 328.00% of education spendings
Suffered tax loss equivalent to paying yearly salaries of
10,926 nurses

Vulnerability to illicit financial flows

Most Vulnerable via Inward Trade (Imports)
Vulnerable Score for this channel is 62.00 / 100
(100 is Worst)

Trading partners most responsible for vulnerability

United Arab Emirates (28.7%)
Cayman Islands (12.2%)
France (7.2%)

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