US president wants to stop businesses shifting profits overseas
'Time will tell' whether US President Joe Biden's plans to encourage a worldwide minimum business tax rate will impact on the Isle of Man.
That's according to former tax advisor Phil Dearden, who says it's likely the proposals will be 'watered down' following negotiations.
He says the President's aim is to stop multinational corporations shifting profits overseas:
Marown Commissioners to hold requisition meeting ahead of by-election
Local authority says residents will have chance to ask questions
Onchan commissioner will stand again in 2031
Gabriella Corkish received over 700 votes in General Election
Yellow warning for coastal overtopping to come into force later
It's expected from 11am
Garff candidates put in 'terrible' position by windfarm advice says new MHK
Hewison criticises advice given by AG's chambers