Tag: FATCA

Chief Minister signs intergovernmental agreement with the United States

Chief Minister signs intergovernmental agreement with the United States

| December 13, 2013 | 0 Comments

Chief Minister Allan Bell MHK has today (Friday 13 December 2013) signed an intergovernmental agreement with the United States to improve international tax compliance and to implement the Foreign Account Tax Compliance Act (FATCA). The agreement, signed at the US Embassy in London, follows the ground breaking agreement the Isle of Man signed with the […]

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Topical debate set to be staged in Isle of Man

Topical debate set to be staged in Isle of Man

| March 28, 2013 | 0 Comments

The Isle of Man’s position in the global economy is set to be questioned in a topical debate, featuring a cast of local key decision makers and influencers. The Three Feet Debate, sponsored by ILS Fiduciaries, in conjunction with the Isle of Man Junior Chamber of Commerce, will propose the motion that “This house believes […]

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KPMG event addresses UK Corporation Tax row and 2013 tax changes

KPMG event addresses UK Corporation Tax row and 2013 tax changes

| December 20, 2012 | 0 Comments

Audit, tax and advisory firm KPMG Isle of Man hosted a packed out briefing on changes to UK tax policy at The Claremont Hotel on Monday. More than 200 representatives of the Manx financial services industry filled the room to hear a high-level analysis of the UK’s 2013 Finance Bill, as well as a response […]

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Isle of Man further consolidates tax cooperation arrangements with the United Kingdom

| December 10, 2012 | 0 Comments

THE Isle of Man Government has confirmed that it will be adopting tax information sharing arrangements with the United Kingdom which will follow closely the FATCA intergovernmental agreement currently being negotiated with the United States. Chief Minister Allan Bell MHK said: ‘The nature of tax cooperation is changing and, as I made clear in my […]

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ICSA Isle of Man presentation – Gordon Wilson, PwC, Advisory Director – “FATCA – For All Trust & Corporate Advisors.”

ICSA Isle of Man presentation – Gordon Wilson, PwC, Advisory Director – “FATCA – For All Trust & Corporate Advisors.”

| April 5, 2012 | 0 Comments

The final event of a series of three ICSA events supported by PwC will feature Gordon Wilson, PwC Advisory Director. The event on 18 April 2012, will be a presentation titled ‘FATCA – For All Trust & Corporate Advisors’ – and will explore the Foreign Account Tax Compliance Act (FATCA). Gordon Wilson is a director […]

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KPMG Senior Manager achieves FATCA accreditation

KPMG Senior Manager achieves FATCA accreditation

| January 9, 2012 | 0 Comments

FATCA is undoubtedly one of the most significant pieces of extra-territorial legislation to impact Isle of Man financial services businesses in recent years.  Implemented into law in March 2010, FATCA is the commonly used acronym for the US Foreign Account Tax Compliance Act, the primary objective of which is to prevent tax evasion by US […]

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