News

Chief Minister 'extremely disappointed' over AIB closure

Chief Minister Allan Bell MHK has expressed his disappointment and sadness over the news that Allied Irish Banks (AIB) is to wind down its business in the Isle...

Thursday, 5 April 2012

Corporate Distributions

On 24 February 2012, Treasury Minister Eddie Teare, MHK, made clear that the Isle of Man Government has no intention of introducing a capital gains tax...

Wednesday, 4 April 2012

Chief Minister congratulates cycling World champions

Chief Minister Allan Bell MHK has congratulated Isle of Man cyclists Peter Kennaugh and Ben Swift on their success at the 2012 Track Cycling World...

Wednesday, 4 April 2012

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

Spring cleaning the countryside

With Spring well underway, the Department of Environment, Food and Agriculture is inviting farmers to clear their land of plastic waste in a scheme jointly...