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04 Feb 2009
The Isle of Man and Australia signed two tax cooperation agreements earlier this week.
The agreements were signed by the Isle of Man’s treasury minister, Allan Bell, and the Australian high commissioner to the United Kingdom, John Dauth, according to tax-news.com
Bell said the downturn in the global economy warranted an increased level of transparency between countries 'so as to increase the stability of financial markets.'
The signing comes just days after the UK confirmed an agreement has been made with Guernsey over the mutual exchange of tax information.
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Briefings
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