Tax Treaty between the Isle of Man and the UK has Entered into Force
The new income and capital tax treaty between the Isle of Man and the UK entered into force on 19 December 2018. The treaty, signed 2 July 2018, replaces the 1955 tax arrangement between the Isle of Man and the UK.
Taxes Covered
The treaty covers Isle of Man income tax (Manx tax) and UK income tax, corporation tax, and capital gains tax.
Residence
If a company is considered resident in bo…
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