Tax Havens are under threat

The UK government is putting pressure on its overseas territories. The British Prime Minister has requested to disclose information about the beneficial owners of each company registered in tax haven jurisdictions. In particular, the request was sent to Bermuda, The British Virgin Islands, Jersey, Guernsey, The Isle of Man, Turks and Caicos, Gibraltar and Anguilla.

Isle of Man: Isle of Man Signs TIEA With Switzerland

The Isle of Man continues to meet current international standards in tax transparency and effective exchange of information in tax matters between countries by signing a tax information exchange agreement (TIEA) with Switzerland. It also demonstrates its dedication to implementing the directives of the Organisation for Economic Cooperation and Development (OECD), which are widely viewed…