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Isle of Man

Offshore Investment

Number of IFCs set to plummet

No more than a dozen International Finance Centres (IFC) will still be around in a decade's time as offshore jurisdictions come under increasing attack, according to tax experts.

clock 24 June 2009 •

Offshore Investment

IOM adopts automatic exchange of information

Customers with Isle of Man (IOM) bank accounts will no longer be able to withhold their tax details from the powers that be after the island today agreed to the automatic exchange of information within the EU.

clock 24 June 2009 •

Offshore Investment

'Arbitrary' rules will not solve upstreaming risk - IOM

Co-operation between regulators will be more effective than 'arbitrary' capital requirements on offshore subsidiaries or parents to mitigate 'risky' upstreaming practices, the Isle of Man (IOM) Government says.

clock 12 June 2009 •

Offshore Investment

IOM 'magnetic pull' for non-dom entrepreneurs from UK

International businesses and entrepreneurial corporates are been drawn to the Isle of Man from the UK after the Chancellor's Budget tax changes have "unsettled" non-doms, according to the Isle of Man Government.

clock 11 June 2009 •

Your profession

IFAs identify prime locations for fleeing financial firms

IFAs believe offshore centres such as the Channel Islands, Isle of Man and Ireland will be some of the favourite locations chosen by financial services companies looking to escape London.

clock 01 June 2009 •

Offshore Investment

IOM considers automatic tax information exchange

An Isle of Man Treasury working party will investigate whether automatic exchange of tax information should be introduced on the island. Currently tax information is shared only upon request.

clock 14 May 2009 •

Offshore Investment

IOM deems Foot offshore probe 'wholly appropriate'

The Isle of Man government has labelled Michael Foot's interim review of British offshore financial centres as "wholly appropriate".

clock 24 April 2009 •

Offshore Investment

KSFIOM depositors to vote on compensation scheme

Depositors with money trapped in Kaupthing Singer & Friedlander Isle of Man (KSFIOM) have a month to wait before finding out how much cash they will get after a date was set for a vote on how compensation should be arranged.

clock 14 April 2009 •

Offshore Investment

KSFIOM depositors to vote on compensation scheme

Depositors with money trapped in Kaupthing Singer & Friedlander Isle of Man (KSFIOM) have a month to wait before finding out how much cash they will get returned after a date was set for a vote on how compensation should be arranged.

clock 14 April 2009 •

Offshore Investment

IoM set to present SoA case to high court

The Isle of Man Treasury will today present a finalised Scheme of Arrangement (SoA) to the high court hearing into the collapsed Kaupthing Friedlander & Singer Isle of Man (KSFIOM) bank.

clock 09 April 2009 •
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