INTERNATIONAL: Isle of Man rethinks tax treatment of investment bonds.

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  • Additional Information
    • Subject Terms:
      ISLE of Man
    • Subject Terms:
      BANK of England ; MBL Financial Ltd.
    • Subject Terms:
      PICKERING, Simon
    • Abstract:
      The article offers information regarding tax treatment of investment bonds by the Isle of Man Government. It mentions new proposals set out in Isle of Man Treasury consultation document for using "income yield factor", based on the Bank of England's rate for judging the fund growth. Also included are views of MBL Financial Ltd. deputy chief executive Simon Pickering on the complicated way of working out tax liability.