Tax, VAT and Your Money News

Company Residence for Income Tax Purposes

A company resident in the Isle of Man for income tax purposes is taxable on its worldwide income. However, a company can be resident in more than one country...
Tuesday, 3 April 2012

PN 175 Compulsory Use of Online Tax Services for Employers

In his 2012 Budget, the Treasury Minister confirmed that following consultation in 2010, the compulsory use of Online Tax Services for employers will be...
Thursday, 29 March 2012

Sanctions Notice: Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. The...
Monday, 26 March 2012

Sanctions Notice: Financial Sanctions: The Terrorist Asset-Freezing Etc. Act 2010 - Renewal of Final Designation, and Expiry of Final Designation

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Friday, 16 March 2012

Sanctions Notice: Financial Sanctions: Terrorist Financing

This news release is issued in respect of the restrictive measures directed against certain persons and entities with a view to combating terrorism. The...
Thursday, 15 March 2012

Sanctions Notice: Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. The...
Thursday, 15 March 2012

Sanctions Notice: The Terrorist Asset-Freezing Etc. Act 2010 - Renewal of Final Designation

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Friday, 9 March 2012

Tax Agreements with Bahrain and Mexico come into force

The Isle of Man’s Double Taxation Agreement (DTA) with Bahrain enters into force today (8 March 2012) and the Island’s Tax Information Exchange Agreement (TIEA)...
Thursday, 8 March 2012

The Terrorist Asset-Freezing Etc. Act 2010 - Renewal of Final Designations

The Terrorist Asset-Freezing Etc. Act 2010 (of Parliament), as it applies in the Isle of Man, implements the terrorist asset-freezing requirements of UN...
Wednesday, 7 March 2012

Financial Sanctions: Al-Qaida

This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with the Al-Qaida network. The...
Tuesday, 6 March 2012