Latest News Headlines
On-Air Now
Listen Live

Europe examines Manx business tax

Tue, 23 Nov 2010

The Island's Business Taxation System has been coming under scrutiny in Europe.

The EU's Code of Conduct Group is looking at the Island's zero-ten tax system.

It's expected the Group will report to the European Union's Council of Finance Ministers next month.

The Island's Treasury says it will consider the views of the EU before determining if any action should be taken.

The tax system means Manx businesses pay no corporate tax, with some taxed 10% on income.


Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed