Move is to prevent profit shifting
Treasury Minister Alfred Cannan says the Isle of Man continues to play a leading role in tackling the global tax agenda.
That's despite being included on a Netherlands blacklist of low tax jurisdictions published over the festive period.
Mr Cannan believes the move is more about Holland putting its own house in order rather than an attack on the Island.
He says the new measures have been well trailed and seek to prevent aggressive profit shifting.
£5.3m on compromise agreements and £2.86m on mileage
Chief minister shares government spending figures in response to question for written answer
Marown Commissioners opens tender process for gardening services
Local authority after 'suitably qualified' company to manage public open spaces
Brisk start to King Scallop season
Season opened on 1 November
Pothole Patrol: DOI explains road repair process
15 January is 'National Pothole Day'
Deadline looms for manx.net users to register account
Any email addresses not reactivated will be deleted on 21 April