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Tynwald to hear Spain recognises Isle of Man as tax haven

It will be revealed in Tynwald this morning that the Isle of Man is officially recognised by Spanish law as being a \'tax haven\'.

Garff MHK and Speaker of the House, Steve Rodan, will be asking the Treasury Minister what representations have been made to Spanish authorities in light of this.

It's a tag that the Island has fought hard to shake off in recent years. 

As a consequence says the Speaker, zealous and intrusive demands for information from locals who are customers of subsidiaries of Banco Santander have been made.

The sitting will get underway at 10.30am. 


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