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28 July 2014
The Isle of Man, in conjunction with Jersey and Guernsey, has today published revised Guidance Notes relating to the Intergovernmental Agreements to Improve International Tax Compliance signed in 2013 with the UK and the United States of America (US).
11 October 2013
The Isle of Man has become the first British dependency to sign an agreement with the United Kingdom extending the automatic disclosure of tax information.
15 March 2013
Chief Minister Allan Bell MHK has welcomed today’s announcement by the government of Guernsey that it intends to follow the Isle of Man in agreeing FATCA-style automatic exchange of tax information with the United Kingdom.
30 November 2012
Discussions are continuing over the wider implications of the US FATCA legislation requiring automatic exchange of tax information.
09 October 2012
The Governments of Guernsey, the Isle of Man and Jersey are today (9 October 2012) simultaneously announcing their intention to negotiate partnership agreements with the United States of America to implement FATCA.
10 August 2012
On 26 July the United States Treasury Department published a model intergovernmental agreement (IGA) designed to improve tax compliance and implement the Foreign Account Tax Compliance Act (FATCA).
24 February 2012
On 8 February 2012, the United States Treasury Department and Internal Revenue Service jointly issued proposed regulations for the next phase of implementing the Foreign Account Tax Compliance Act (FATCA).