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Changes to IOM and UK Double Taxation

 

Changes to double taxation between the Isle Of Man and the UK have been formally signed at a ceremony in Douglas.

 

The Islands chief minister Tony Brown and a minister from the UK signed the document to try and strengthen taxation co-operation.

 

It means Once the new provisions are in force, pensions paid from the United Kingdom to people living on the Island will be taxed in the Isle of Man only.

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