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Island 42nd in tax secrecy league

A UK tax campaign has placed the Island at number 42 in a league table of tax havens.

The Tax Justice Network has released its financial secrecy index for this year, listing the countries it says help hide wealth.

Switzerland tops the table, followed by the US - with the Isle of Man in 42nd place.

It places the Island well below the UK in 23rd and Guernsey and Jersey in 10th and 18th place respectively.

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