The government says it's bringing in a new profit tax for multinational companies operating on the Island.
From January 1 next year, it'll introduce the Qualified Domestic Minimum Top-Up Tax.
Any company turning over more than 750 million euros will pay a minimum of 15 per cent on profits they generate on the Island.
Treasury Minister Alex Allinson says there are few multinational firms of this scale on the Island, and he's hoping to bring the new laws before Tynwald in the Autumn.
FSA releases new progress report on financial crime defences
The Isle of Man Financial Services Authority says progress has been made in strengthening the Island's defences against financial crime.
Changes planned for how government-run companies prepare accounts
Government-run companies could prepare their accounts for calendar years rather than financial years in future.
New business guide deals with stopping WMD financing
There's new guidance for Island companies to help them spot customers trying to finance weapons of mass destruction.
Office space up for rent at Ronaldsway Airport
Could your company take off at Ronaldsway Airport?
Have your say on the future of the Island's economy
The Isle of Man chamber of Commerce has launched an online survey about the future of the Island's economy.
Port St Mary hosts first business support drop-in session today
A series of business drop-in sessions will get underway in the south of the Island today.
Government releases guidance for businesses ahead of vape tax
The government's launched a new webpage with guidance for businesses as it introduces a new tax on vape products from October.
Survey shows low approval rating for Island clothing shops
Island women rate the offering from local clothing shops at just 3.5 out of 10, according to a new survey.
