Government Offices
Buck's Road, Douglas
Isle of Man IM1 3TX
Enquiries:
+44 (0) 1624 685400
As part of its continuing programme of developing closer economic and taxation co-operation with other countries, the Isle of Man has today (Thursday, 29 January 2009) concluded agreements with the government of Australia.
The signing ceremony took place at Australia House in London, United Kingdom, between the Isle of Man’s Treasury Minister, Allan Bell MHK, and the Australian High Commissioner to the United Kingdom, John Dauth LVO.
The two agreements are:
- a tax information exchange agreement based on the Organisation for Economic Co-operation and Development (OECD) model; and
- an agreement for the allocation of taxing rights over certain income of individuals and to establish a mutual agreement procedure in respect of transfer pricing adjustments.
The full text of the press release issued today can be viewed here and the texts of each agreement are available here.
Malcolm Couch
Assessor of Income Tax
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