The Isle of Man has launched a consultation on legislative changes to ensure the territory remains fully compliant with international standards on recording details of the beneficial owners of legal entities.
Isle Of ManArchiv
Lowtax.net News: COVID-19: Isle of Man Amends Tax Filing Rules
The Isle of Man has announced a series of changes to tax return deadlines as part of its response to the economic impact of the coronavirus outbreak.
Lowtax.net News: Isle of Man To Update Taxpayer Codes After Personal Allowance Change
The Isle of Man’s Income Tax Division has said it is to issue new 2020/21 tax codes to employers.
Lowtax.net News: Asian Financial Centers Continue To Dominate Top-Ten Rankings
The Global Financial Centres Index was released on September 19, 2019, charting the top onshore and offshore financial centers worldwide, and for the first time the most innovative financial technology hubs.
Lowtax.net News: Progress Being Made On Closing ‚Harmful‘ Tax Regimes: OECD
The OECD has issued another update on jurisdictions‘ progress to amend their preferential tax regimes to remove harmful elements under the OECD base erosion and profit shifting Action Plan minimum standard on harmful tax regimes (Action 5).
Lowtax.net News: Jersey, Guernsey, Isle of Man To Make Company Info Public
The governments of Jersey, Guernsey, and the Isle of Man have jointly announced a series of steps to improve the accessibility and transparency of their respective registers of beneficial ownership information.
Lowtax.net News: Crown Dependencies Add To Economic Substance Guidance
The UK Crown Dependencies have added to joint guidance issued in December 2018 on the economic substance requirements that are effective for accounting periods commencing on or after January 1, 2019.
Lowtax.net News: Record Year For UK Crown Dependencies‘ Stock Exchange
The International Stock Exchange (TISE) – formerly the Channel Islands Stock Exchange – has announced there were a record 865 new listings during 2018, up 22.7 percent on 2017.
Lowtax.net News: Gibraltar Covered By Proposed Brexit Transition Period
The UK’s recently negotiated Withdrawal Agreement with the EU sets out the arrangements that will apply with regards to Gibraltar.
Lowtax.net News: Guernsey Fully Compliant With Latest Tax Transparency Standards
Guernsey has received an overall rating of „compliant“ from the OECD’s Global Forum on Transparency and Exchange of Information for Tax Purposes.