HMRC prepare to scrutinise Manx accounts
Posted by mostafa on 10 December, 2012
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This item was filled under Tax
HMRC will be furnished with a range of data about potentially taxable income in Manx bank accounts, after the government announced it will sign an enhanced tax information-sharing agreement with its counterpart in the Isle of Man.
The accord is set to be part of a package of measures being developed by the two administrations to combat tax evasion.