Second tax agreement in a week for Island

Publication Date: Mon, 07 Feb 2011  15:22

Treasury Minister Anne Craine with High Commissioner Nalin Surie
Treasury Minister Anne Craine with High Commissioner Nalin Surie

The Isle of Man has signed a tax agreement with India.

It's the 19th tax information exchange agreement that the Island has signed, and the 23rd agreement which is recognised by the OECD.

Treasury Minister Anne Craine met with Nalin Surie, the High Commissioner of India to the UK, in London to sign the agreement.

It is the second agreement that the Island has concluded in a week.

The Treasury says it's further evidence of the Isle of Man's ongoing commitment to tax transparency.