Isle of Man and Czech Republic sign tax co-operation agreement

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Continuing with its programme of developing closer economic and taxation co-operation with other countries, the Isle of Man has announced the signing of a Tax Information Exchange Agreement (TIEA) and a Joint Declaration with the Czech Republic.

This latest TIEA is the Isle of Man's 25th and its 29th agreement that meets the OECD international standard on tax co-operation and transparency.   The signing ceremony took place at the Czech Embassy in London between Anne Craine MHK, the Isle of Man's Treasury Minister, and His Excellency Mr Michael Zantovsky, the Czech Ambassador.   Also signed at the same ceremony was a joint declaration in which the two countries have stated their intention to continue negotiations on measures to alleviate undesired tax barriers and other obstacles of a discriminatory nature that may be included i...

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