Other Agreements
The Convention on Mutual Administrative Assistance in Tax Matters (‘MAC’)
The Convention on Mutual Administrative Assistance in Tax Matters (commonly referred to as the ‘Convention’ or ‘MAC) is a free standing multilateral agreement designed to facilitate international tax co-operation. It provides for all possible forms of administrative co-operation including, but not limited to, all forms of exchange of information (on request, automatic and spontaneous) between the parties with a view to combating tax avoidance and evasion.
The Convention entered into force in the Isle of Man on 1 March 2014 after the Isle of Man became a Party to the Convention by way of UK territorial extension.
Further information, including the text of the Convention, and a comprehensive list of the participating jurisdictions is available on the OECDs website.
The table below shows the operational status and text of agreements the Isle of Man has signed, including political declarations and mutual agreement procedures. All documents, including foreign language versions of agreements, where relevant, are also available on request by contacting the Income Tax Division.
| Country | Document Title | Signed | Effective | Status |
|---|---|---|---|---|
| Australia | Joint declaration | 29 January 2009 | Not applicable | Not applicable |
| Czech Republic | Joint declaration | 18 July 2011 | Not applicable | Not applicable |
| Denmark |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| Faroe Islands |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| Finland |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Amendment - MAP for the adjustment of profits | 25 September 2020 | 10 June 2023 | In force | |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Amendment - Shipping and aircraft agreement | 25 September 2020 | 10 June 2023 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| France | Shipping and aircraft agreement | 26 March 2009 | 1 January 2013 (France) 6 April 2013 (Isle of Man) | In force |
| Germany | Shipping agreement | 2 March 2009 | 1 January 2010 (Germany) 6 April 2010 (Isle of Man) | In force |
| Political declaration | 2 March 2009 | Not applicable | Not applicable | |
| Greenland |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| Iceland |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| Ireland | Joint declaration | 24 April 2008 | Not applicable | Not applicable |
| Netherlands |
MAP for the adjustment of profits | 12 October 2005 | 21 July 2006 | In force |
| Shipping and aircraft agreement | 12 October 2005 | 21 July 2006 | In force | |
| Mutual understanding on the application of the participation exemption | 12 October 2005 | 12 October 2005 | Lapsed 31 December 2006 - now encompassed within Dutch legislation | |
| Political declaration | 12 October 2005 | Not applicable | Not applicable | |
| New Zealand | Joint declaration | 27 July 2009 | Not applicable | Not applicable |
| Norway |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| Poland | Agreement for the avoidance of double taxation with respect to enterprises operating ships or aircraft in international traffic | 7 March 2011 | 1 January 2012 (Poland) 6 April 2012 (Isle of Man) | In force |
| Portugal | Joint declaration | 9 July 2010 | Not applicable | Not applicable |
| Sweden |
MAP for the adjustment of profits | 30 October 2007 | 1 January 2009 | In force |
| Shipping and aircraft agreement | 30 October 2007 | 1 January 2009 | In force | |
| Political declaration | 30 October 2007 | Not applicable | Not applicable | |
| United Kingdom | Disclosure Facility | 19 February 2013 | 6 April 2013 | Terminated |
| United States | Shipping agreement | 1 August 1989 | 1 January 1987 | In force |
