THE Isle of Man is mentioned on the front page of the Financial Times today.
It has also made other UK news outlets because of its deal with the UK government, which we reported back in December. {http://www.iomtoday.co.im/news/business/isle-of-man-will-adopt-tax-information-sharing-agreements-with-the-uk-1-5207270|Click here to see the story}
The ‘FATCA’ deal means the island will automatically exchange financial information on taxpayers with the UK.
It is modelled on the Foreign Account Tax Compliance Act in the USA.