Offshore scrutiny grows
The Chief Minister says a register of beneficial ownership is only the first step towards improving the Island's tax reputation.
Last week Allan Bell signed an agreement with UK Treasury Financial Secretary David Gauke in London.
The deal means the Manx government must establish a centralised database of companies owned here, and disclose information to international authorities on request.
It comes as five European nations, including the UK, agreed to crack down on tax avoidance following the Panama Papers leak.
Mr Bell says pressure is mounting on the Island:
Pothole claims cost department thousands
Increase in scarlet fever on the Island
Government 'neglecting' heritage assets across the Island
Motiv8: 'We will never reach all the children on the Isle of Man'
House of Keys question paper dominated by one MHK