Isle Of Man, Spain To Exchange Tax Data

[dany]

Over and out for all people from Spain that though they could hide in the Isle of Man with offshore accounts and companies.

As part of the Isle of Man Government's continuing commitment to meet international standards in tax co-operation and transparency, a tax information exchange agreement (TIEA) has been signed with Spain.


The agreement was signed by José Manuel Gutiérrez Delgado, Financial Counsellor of the Embassy of Spain to the UK, and Eddie Teare MHK, the Isle of Man's Treasury Minister, at a ceremony held in London on December 3, 2015.


Teare said: "Spain is both a member of the European Union and the OECD and last year, like the Isle of Man, was one of the first countries to commit to sharing information in accordance with the OECD Common Reporting Standard."


"The signing of this TIEA is another important step in building closer relations between our two countries and will lead to Spain removing the Isle of Man from a 'tax haven blacklist' established under Spanish law in 2006. This recognition of our shared values and goals makes the TIEA a very significant addition to the Isle of Man's network of international tax agreements."


- See more at: http://www.tax-news.com/news/Isle_Of....LKi2tlms.dpuf
Click to expand...

 

[JohnLocke]

Thank you for sharing it's going to be interesting what happen.

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Disclaimer: Nothing I say should be taken as tax, legal or financial advice. Anything I say is for general informational purposes only. Always seek independent professional advice.​

 

[dany]

You're most welcome, I wonder if you know about alternatives to this tax heaven?

 

[duran]

Thanks for sharing the information and to answer your question you already posted about Anguilla & Nevis as far as I remember from your other post.

 

[dany]

And your point is? :-D