Response to EU latest
The omission of the Isle of Man from a European tax haven blacklist has prompted a 'cautious welcome' from a local transparency campaigner.
A table of 'non-cooperative' jurisdictions compiled by EU finance chiefs does not include the Island - but we are placed on a so-called 'grey list'.
It comes a month after the Paradise Papers appeared to show large-scale tax dodging by multinational firms and wealthy individuals on Manx shores.
Phil Craine from TaxWatch featured on a BBC Panorama special at the time, centring on the allegations.
He told Manx Radio the EU's conclusions are similar in nature:
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Almost 38,000 passengers used ferry services to travel to Island during TT