Isle of Man among 130 countries to back proposals
The Island's finance sector is prepared for change to happen quickly after 130 countries backed plans for a 15 per cent minimum global corporate tax rate.
The Isle of Man was among those in support of the reforms which aim to crack down on large multinational companies using low tax jurisdictions.
KPMG tax partner Robert Rotherham says nations like ours will still be able to set their own tax rates.
He believes the industry can adapt:
Tynwald approves changes to sitting schedule, including half-term breaks and revised start dates
Measures to avoid school break sittings backed, with earlier October and January starts agreed
Plea to Manx parents to check meningitis vaccination status
It follows the death of two young people in the UK
Bus dispute ‘a considerable way apart’ as talks continue, says infrastructure minister
Tim Crookall optimistic progress is possible despite ongoing strike action and disagreements over contracts and pay structure
Noble's bed capacity exceeding industry-recognised 'safe levels'
The health minister's been responding to an urgent Tynwald question
Island sheep shearer claims fourth at World Championships
Manx contingent returns from New Zealand