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IoM tax information agreement signed with Kingdom of Lesotho

Tue, 06 Jan 2015

A tax information exchange agreement has been signed between the Isle of Man and the Kingdom of Lesotho.

It came into force on the 3 January to help develop the Island's relationship with the country.

Lesotho is a member of the Commonwealth of Nations surrounded by South Africa.

Its home to two million people - 40 per cent of which live below the poverty line, headed by a constitutional monarchy.

The agreement was originally signed in the UK on 16 September 2013 between Treasury Minister Eddie Teare and Lesotho's acting High Commissioner.

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