Chief Minister Allan Bell says the delayed endorsement of the Isle of Man's revised corporate tax structure is 'not a major setback'.
The European Council had been expected to approve the scheme, minus the ARI (Attribution Regime for Individuals), at a meeting last week, but the item was removed from the agenda.
Mr Bell says the expected approval would bring increased confidence and certainty to the Island's business sector, and the sooner the 'green light' is given the better:

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