Island Signs Tax Agreement with China

Wednesday, 27 October 2010 01:00

Island Seals 17th Tax Information Exchange Agreement

The Isle of Man’s Government has completed their 17th Tax Information Exchange Agreement.

The latest agreement is with China and signifies a further milestone for the Island and greatly strengthens its economic ties with the Country.

The signing took place yesterday with Treasury Minister Anne Craine and the Minister of State Administration of Taxation of the People’s Republic of China.

Aswell as the economic benefits, the agreement will help build closer relations between China and the Isle of Man.

More from Isle of Man News

Northern lights tonight - or just clouds?

The Isle of Man could be in for a spectacular light show later, if the weather allows.
Teen's funeral to be held next week

The funeral of a teenager from Douglas who died last month will be next week.
Mum thanks firefighters after daughter cut from trolley

A mum's thanked the emergency services after her daughter had to be cut free from a shopping trolley.
Pandemic gowns company linked to Island baroness owes £188 million

The company linked to Island residents Michelle Mone and Doug Barrowman which supplied gowns to the UK government during the pandemic owes a total of £188 million, according to its administrators.
Specialists needed to work out windfarm rates

Treasury Minister Alex Allinson says specialists would be called in to figure out the rateable value of onshore wind farms.
Cricket club awarded £50k for nets

Crosby Cricket Club has been given a £50,000 grant to replace its nets.
DoI says it doesn't have info about requests to revoke tickets

The Department of Infrastructure says it doesn't have any information about local authorities asking for fixed penalty notices revoked for members.
Hundreds of elective surgeries cancelled due to TT

A total of 551 elective surgeries were missed because of the TT and Manx Grand Prix in the past four years.