Income Tax and National Insurance News

Foreign Account Tax Compliance Act

On 8 February 2012, the United States Treasury Department and Internal Revenue Service jointly issued proposed regulations for the next phase of implementing...
Friday, 24 February 2012

Distributions from Capital Gains

The Isle of Man does not have capital gains tax and there is no intention to introduce such a tax.
Friday, 24 February 2012

Tax Agreement with Portugal comes into force

The Isle of Man’s Tax Information Exchange Agreement (TIEA) with Portugal will enter into force on 18 January 2012. The agreement was signed in London on 9...
Monday, 9 January 2012