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:
'Too early to tell' what caused fire
Crews from across the Island ensured cover was available
Firefighting foam may have killed fish in Silverburn River
People advised not to enter the water for 28 days
Additional road closure for TT filming ahead of MGP qualifying
Sunday morning closure along Quarterbridge and Peel Road
'Knives and sharp implements' left outside charity shops
Fly tipping warning from police after instances outside Crossroads