IOM signs TIEA with France

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...