Isle of Man makes a small step forward

Posted on

New approach needed to tackle tax havens - Accountancy Age.

The Isle of Man says multilateral Tax Information Exchange Agreements are the way forward.

I agree.

But whilst there's an absence of automatic information exchange the smoking gun to make them work won't exist.

So drop the withholding option under the European Union Savings Tax Directive Isle of Man - then we'll believe you aren't deliberately harbouring tax evaders. Until then you very obvioulsy are.


Thanks for reading this post.
You can share this post on social media of your choice by clicking these icons:

You can subscribe to this blog's daily email here.

And if you would like to support this blog you can, here: