Home > Tax Advice, Uncategorized > Isle of Man Now Seen as Part of Solution on Tax Compliance

Isle of Man Now Seen as Part of Solution on Tax Compliance

According to Chief Minister Allan Bell, the Isle of Man is beginning to get its message across to senior politicians, decision makers and opinion formers in the UK, EU and further afield that it is part of the solution not part of the problem of tax evasion.

Mr Bell and Treasury Minister Eddie Teare attended a series of high-level meetings in London last week – and say the island was praised for leading the way on international tax compliance.

 

They said positive discussions took place around progress towards signing an automatic tax information exchange agreement with the UK based on a similar FATCA agreement with the US. There were also discussions on the Vicker’s banking reforms and the need to recognise the important

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