Advertisement

Minister expects further action against 'offshores'

by isleofman.com 23rd September 2009

Treasury Minister Allan Bell is convinced there will be more attacks on the Isle of Man's finance industry.

He was speaking after reports the pre-budget statement in the United Kingdom would contain further moves against the 'offshores' to stop the activities of what are termed 'tax cheats'.

Mr Bell says that, in the current unprecedented economic climate, several large countries believe they have the right to interfere and intervene in the economic models of smaller jurisdictions such as the Island:

Clip 1
Posted by isleofman.com
Wednesday 23rd, September 2009 01:54pm.

Popular Articles

Upcoming Events

Nobles Parkrun

A free, fun, and friendly weekly 5k community event in Nobles Park.  Walk, jog, run, volunteer or spectate...
17 May

Bridge Club

Monday is Bridge Day at the Onchan Pensioner's Social Club   We have two bridge clubs that meet on a weekly...
19 May
View More
Advertisement

You also might be interested in

Stephen Savage joins Quinn Legal’s Corporate and Commercial legal team.

Business

When the clocks sprung forward we lost another precious hour of sleep

Health & Wellness

The GFoGE guide to obstacle races & why should you do one.

Sports & Leisure

Why not take a "Wallaby" walk in the Curragh?

Nature & Wildlife

Hop-tu-Naa is an ancient festival celebrated on the Isle of Man

Visitor Guide

The Isle of Man hosts many traditional ceremonies throughout the year

Visitor Guide