Revised Corporate Social Responsibility Tax Guidelines reflects current projects and programmes linked to local social needs.
February 07, 2017
Ministry of Finance, Trade and Economic Planning
Liberty House, P.O Box 313/ Victoria/ Mahé, Seychelles
Monday 6th February 2017, VICTORIA, SEYCHELLES: A news set of guidelines has been drafted by the Ministry of Finance, Trade and Economic Planning. The Revised CSR Tax Guidelines reflects the current projects and programmes linked to the social needs of the country.
As a follow up to the national budget address made by the Minister for Finance, Trade and Economic Planning, Dr. Peter Larose, the revised guidelines will continue to benefit five sectors; (1) Environment, (2) Education, (3) Health and Social, (4) Community, Youth, Sports and Arts, and (5) Drug, Rehabilitation and Substance Abuse. According to Dr. Larose, “the government treats Corporate Social Responsibility activities very seriously”.
The donations and sponsorships channeled to these sectors could be off-set against CSR tax liabilities of donors.
A registered association (NGO/CBO) can request for a CSR Certificate or a qualification letter by submitting a formal application to the Chairman of the Corporate Social Responsibility Committee. The application should include a letter giving a brief background on the association and its objectives.
The CSR committee would also require a copy of the registration certificate and constitution in order to properly assess.
All correspondence should be addressed to:
Mr. Patrick Payet
Chairman of the CSR Committee
Corporate Social Responsibility Committee
Liberty House
The Revised CSR Tax Guidelines can be accessed on the Ministry’s website under Resources; www.finance.gov.sc.
Should you require additional information please contact the undersigned.
Marie-May Bastienne
Public & Media Relations Consultant
Ministry of Finance, Trade & Economic Planning
prm@finance.gov.sc
2822168