The Isle of Man government has published the Income Tax Legislation (Amendment) Act 2017, which was approved by the Tynwald (parliament) and entered into force on 18 July 2017. One of the main amendments of the Act is the bringing into force of amendments to Section 2N of the Income Tax Act 2017 to provide that for the purpose of treating an Isle of Man incorporated company as tax resident in another country, the highest rate at which a company may be charged to tax in the other country must be at least 15% (reduced from 20%). This change is...