New government taxation measures have been approved by the Organization for Economic Co-operation and Development.
These rules apply to large multinational groups with revenues above £650 million.
The , implemented in November, is predicted to raise a forecasted £35 million each year from 2027.
Treasury Minister Dr Alex Allinson welcomed the recognition, stressing the importance of compliance with international standards and easing burdens on affected firms.
Made in Mann labels to get update
The enterprise minister says an updated labelling scheme for Manx produce is set to be unveiled next year.
Quarry valuations queried in Tynwald
The minerals in the Island's quarries haven't been fully valued in three years.
More people falling under income tax threshold
The number of people who aren't required to submit a tax return has been rising steadily over the past four years.
Blessed are the (Manx) cheese-makers!
Isle of Man Creamery is celebrating after picking up two awards.
Financial planning company opens new northern office
A local financial planning company is opening a new pop-up office in the North.
Government launches business survey
A survey has been launched to measure the mood of businesses across the Island.
Villa Marina hosts huge career fair
The Island's largest careers fair gets underway today.
26 new units planned for Balthane Industrial Estate
A developer says it wants to expand an industrial estate in Ballasalla with dozens more units.
