TaxCorporate TaxIsle of Man and France sign tax agreement

Isle of Man and France sign tax agreement

Low-tax jurisdiction signs TIEA ahead of next month's G20 summit

The Isle of Man has signed its 12th tax information exchange agreement (TIEA)
with an OECD member country, commiting to greater tax co-operation with France.

The agreement between the two countries means the Isle of Man has now signed
over a quarter of the 51 TIEAs in existence globally.

Allan Bell, the Isle of Man’s treasury minister, and Eric Woerth, French
secretary of state for the budget, public accounts and civil service, will
officially sign the agreement in Douglas today.

Bell said the TIEA with France is a significant milestone in the
jurisdiction’s commitment to tax co-operation.

‘For nine years the Isle of Man government has been dedicated to achieving
OECD standards,’ he said.

An agreement for the avoidance of double taxation in relation to enterprises
operating ships in international traffic will also be signed today.

Further Reading:

Gibraltar
commits to share tax information

Isle
of Man agrees to share tax data with Germany

Related Articles

HMRC large business tax enquiry duration rises to 3 years

Corporate Tax HMRC large business tax enquiry duration rises to 3 years

3d Emma Smith, Managing Editor
SMEs paying higher rate of corporation tax than big businesses

Corporate Tax SMEs paying higher rate of corporation tax than big businesses

1w Alia Shoaib, Reporter
Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

Corporate Tax Big names, little tax: Airbnb, Facebook, Kellogg’s, eBay

3m Alia Shoaib, Reporter
New trading allowance: simplicity, but not as we know it

Administration New trading allowance: simplicity, but not as we know it

3m Emma Rawson, ATT Technical Officer
EU divided over radical tax reforms targeting tech giants

Corporate Tax EU divided over radical tax reforms targeting tech giants

4m Alia Shoaib, Reporter
‘Improve rather than lose’ disincorporation relief, tax body urges

Administration ‘Improve rather than lose’ disincorporation relief, tax body urges

4m Austin Clark, Reporter
How to educate your clients about tax avoidance

Corporate Tax How to educate your clients about tax avoidance

4m Clear Books | Sponsored
CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

Corporate Tax CGT clampdown nets HMRC £124m – but could lead to increase in use of avoidance schemes

4m Austin Clark, Reporter