We use cookies to give you the best online experience. By using our website you agree to our use of cookies in accordance with our cookie policy. Learn more here.Close Me
The Isle of Man's Tax Information Exchange Agreement (TIEA)
and agreement for the Avoidance of Double Taxation with the
Republic of Slovenia entered into force on 31 August 2012.
The agreements were signed on 27 June 2011 in Douglas, Isle of
Man by His Excellency Iztok Jarc, the Slovenian Ambassador and by
the then Manx Treasury Minister, Anne Craine MHK.
The Isle of Man ratified the agreements at the December 2011
sitting of Tynwald and the Slovenian Ministry of Foreign Affairs
has now confirmed that the Republic of Slovenia has also completed
its ratification procedures.
The negotiation, signing and ratification of TIEAs demonstrates
the Isle of Man's commitment to meeting agreed international
standards and to the principles of co-operation between countries,
transparency and effective exchange of information in tax matters.
It also demonstrates its dedication to implementing the directives
of the Organisation for Economic Cooperation and Development
(OECD), which are widely viewed as the international standards for
effective tax relations between nations.
The full text of the agreements can be viewed here
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
To print this article, all you need is to be registered on Mondaq.com.
Click to Login as an existing user or Register so you can print this article.
A discussion on the Court of Justice of the European Union ruling, that article 50 of Directive 2002/83/EC concerning life assurance is to be interpreted as meaning that a Member State's right to subject to an indirect insurance tax on life insurance premiums paid by the individual policyholder residing in this Member State overrides the Member State's taxing rights where the contract was concluded.
On February 21st 2013, the ECJ ruled that the domestic law which precludes the use of tax carried forward losses of a merged company by the surviving merging company in the case of a cross-border merger.
Draft law 6470 filed with the Luxembourg parliament on August 24th 2012 implements some of the provisions of Council Directive 2008/8/EU with respect to the place of supply of services.
It will come as pleasant news to those Italians burdened by economic woes that authorities like Equitalia and Serit are not entirely exempt from mistakes when issuing tax demands.
Some comments from our readers… “The articles are extremely timely and highly applicable” “I often find critical information not available elsewhere” “As in-house counsel, Mondaq’s service is of great value”