The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with France, marking its twelfth agreement with an OECD member country.
The island has signed a total of 14 TIEAs, which deliver the OECD's agreed international standard on tax transparency and exchange of information. The Isle of Man was recognised by the OECD as a "committed jurisdiction" in 2001. Allan Bell, Isle of Man's Treasury minister and the French secretary of state for the budget public accounts and civil service Eric Woerth signed the agreement at a ceremony in Douglas. Also signed was an agreement for the avoidance of double taxation with respect to enterprises operating ships in international traffic. This builds on the Isle of Man's network o...
To continue reading this article...
Join Professional Adviser for free
Signup and gain exclusive members-only insights
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes
