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:
DHSC minister 'absolutely committed' to reopening Ramsey hospital
Temporary 'modular' MIU and X-ray coming soon
Casualty rescued from Polish tall ship
Fire crews attended the incident in Douglas
Manx residents asked to complete Census from tonight
Government says data from survey is vital for future planning
Grounded Ramsey tall ship could be refloated next month
Owner outlines recovery plans for La Malouine after vessel ran aground
Strong field of Manx competitors to take on London Marathon
Includes one man hoping to be the first wheelchair racer from the Island to complete itÂ