Learn about tax rates, the latest tax messages and information on double taxation treaties with our specialized online resources, guides and useful links. In addition, the Isle of Man has signed a double taxation agreement with Belgium, but it has not yet entered into force. The Isle of Man has recently concluded a number of tax agreements with different countries. You will find all the details of all the agreements on our International Agreements page. International agreements List of international conventions by country, including double taxation conventions, by the Isle of Man Ministry of Finance. The Isle of Man has also committed to adopting the Common Reporting Standard (SIR), the new global standard for tax reporting agreements. We have a collection of global double taxation treaties in English (and other languages, if available) to help members ask questions. If you are having trouble finding a contract, please call the application team on +44 (0) 20 7920 8620 or email us at library@icaew.com. If you will receive income from a country with which the Isle of Man does not have a specific double taxation treaty, you may still be entitled to double taxation relief for foreign income on which you have paid taxes. In addition to the national legislation of the Isle of Man, which provides for exemption from international double taxation, the Isle of Man has concluded double taxation treaties with certain other countries/jurisdictions in order to avoid double taxation and to allow cooperation between the Isle of Man and foreign tax authorities in the application of their respective tax laws.
Proof of taxation suffered abroad is required before a reduction in double taxation can be applied. Additional information on taxation in that country may appear in general works that are not on this list. If you need help identifying available hardware, please contact the request team. The Isle of Man has also signed a number of tax treaties concerning revenues from shipping and aviation. From February 2020, the maritime and air agreements with Denmark, the Faroe Islands, Finland, France, Greenland, Iceland, the Netherlands, Norway, Poland and Sweden will apply. There are transit agreements with Germany and the United States of America. If you will receive income for which foreign taxes have been deducted, your tax may benefit from a double taxation relief, but limited to the reduction of the foreign tax suffered or the Isle of Man income tax. .
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