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Tax, VAT and Your Money News

Taxation Strategy Consultation issued

In his 2012 Budget speech, the Treasury Minister, Hon. Eddie Teare, MHK, gave a commitment to publishing a new taxation strategy before the end of this year...
Monday, 2 July 2012

Sanctions Notice: Syria Sanctions

The Treasury advises that on the 21 June 2012 the European Union (Syria Sanctions) (Application) (Amendment) (No. 2) Order 2012 applied Council Regulation (EU)...
Tuesday, 26 June 2012

Sanctions Notice: Iran Sanctions - Export Control (Iran Sanctions) Order 2012

The Treasury advises that the above Order is applied in Island law and takes effect from 1 July 2012. The Order is concerned with EU sanctions imposed against...
Tuesday, 26 June 2012

Public views sought on bribery legislation

Public views are being sought on plans to strengthen the Isle of Man’s legislation to combat bribery. The proposed introduction of the Bribery Bill 2012 will...
Monday, 25 June 2012

OECD report places Isle of Man at forefront of international standards of best practice

The Isle of Man’s position at the forefront of international standards of best practice has been reaffirmed by a new report from the global body reviewing tax...
Monday, 25 June 2012

Sanctions Notice: Sanctions - Iran

This is to advise persons and businesses that on 19 June 2012 the European Union (Iran Sanctions) (Human Rights) Order 2012 came into operation. This Order...
Wednesday, 20 June 2012

Sanctions Notice: Sanctions - Syria

This is to advise persons and businesses in the Island that on 19 June 2012 the European Union (Syria Sanctions) (Application) (Amendment) Order 2012 had the...
Wednesday, 20 June 2012

Sanctions Notice: Sanctions - Afghanistan, Belarus, Sudan and South Sudan

On 19 June 2012 the European Union (Afghanistan Sanctions) Order 2012 came into operation. This Order revoked and replaced three earlier orders dating from 2011...
Wednesday, 20 June 2012

Sanctions Notice: Iran Sanctions

On 31st May 2012 the European Union (Iran Sanctions) (Proliferation) Order 2012 [SD 427/12] and Iran Sanctions (Proliferation) Regulations 2012 [SD 428/12] came...
Friday, 1 June 2012

PN178/12 The Tax Treatment of Foundations

The Foundations Act 2011 came into force on 1 January 2012. The Practice Note which provides guidance on the treatment of foundations for Isle of Man...
Wednesday, 23 May 2012
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