Tax, VAT and Your Money News
Sanctions Notice: Financial Sanctions: Al-Qaida
Financial Sanctions: Al-Qaida
This news release is issued in respect of the restrictive measures directed against certain persons and entities associated with...
Thursday, 11 October 2012
Foreign Account Tax Compliance Act (FATCA)
The Governments of Guernsey, the Isle of Man and Jersey are today (9 October 2012) simultaneously announcing their intention to negotiate partnership agreements...
Tuesday, 9 October 2012
Isle of Man signs Tax Co-operation Agreements with Singapore and Turkey
The Isle of Man today continued with its programme of developing closer economic and taxation co-operation with other countries by signing a Double Taxation...
Thursday, 27 September 2012
Tax Agreements with the Republic of Slovenia come into force
Two tax agreements between the Isle of Man and the Republic of Slovenia entered into force on 31 August 2012.
The two agreements are:
a Tax Information...
Friday, 14 September 2012
Machine Games Duty
The Treasury has published a consultation on the introduction of machine games duty on the takings of certain machines used for gambling.
It is planned to...
Tuesday, 4 September 2012
Budget rebalancing on target – but tough decisions ahead
Tough political decisions are still required as work progresses to put the Island’s public finances back on an even keel, Treasury Minister Eddie Teare MHK...
Thursday, 9 August 2012
Foreign Account Tax Compliance Act Update
On 26 July the United States Treasury Department published a model intergovernmental agreement (IGA) designed to improve tax compliance and implement the...
Thursday, 9 August 2012
Personal Service Companies - Consultation Document Issued
The Income Tax Division, on behalf of the Treasury, has today published a consultation document addressing personal service companies which includes a draft of...
Monday, 6 August 2012
Isle of Man's commitment to combating money laundering
The Isle of Man Government has published a document underlining its policy of compliance with evolving international standards in tackling financial crime.
The...
Tuesday, 17 July 2012
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