Treasury Minister delighted with ranking
Treasury Minister Alfred Cannan says the news the Isle of Man has retained its top compliant rating from the OECD is a welcome boost after a difficult fortnight.
The OECD is the global body which reviews tax transparency around the world.
The Island is one of only six countries to be ranked in the top bracket from the 147 jurisdictions assessed.
There has been plenty of bad publicity over the past two weeks after the release of the Paradise Papers.
Mr Cannan says the compliant rating shows the Isle of Man is setting high standards:
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