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The Isle of Man is a low-tax economy with no capital gains tax, wealth tax, stamp duty, or inheritance tax [1] and a top rate of income tax of 22%. [2] The rate of corporation tax is 0% for almost all types of income; the only exceptions are that the profits of banks are taxed at 10%, as is rental (or other) income from land and buildings ...
The company made its initial public offering on the AIM exchange on 21 December 2004, raising funds that were used to complete the €105-million acquisition of Casino-Club on the same day. [6] [7] In 2010, Gaming VC was reorganised in the Isle of Man as GVC Holdings. [8]
Gary O'Connor, the managing director of Estera Trust (Isle of Man) Limited, was shortlisted for the Institute of Directors Young Director of the Year award in September 2017. [6] In July 2019, it was announced that Estera would be merged with Inflexion Private Equity's company Ocorian .
In April 1985, the Isle of Man Steam Packet Company acquired a new vessel, the highly unsuitable Mona's Isle which it employed on its Douglas - Heysham schedule. [2] The Mona's Isle encountered significant trouble berthing at Douglas, and so again the tugs of the Laxey Towing Company were called upon to render assistance with both the Union and ...
RL360 Insurance Company Limited (RL360°) is an international offshore savings, protection and investment provider, headquartered in the Isle of Man serving clients in Asia, Africa, the Middle East, Europe, the UK and Latin America. It is part of the International Financial Group Limited ("IFGL").
His term of office as Treasury Minister was marked by some significant decisions. In October 2017 Cannan wrote off £95m of debts owed by the Manx Utilities Authority; in February 2018 pension freedoms were controversially introduced; and in May 2018 the Isle of Man Government purchased the Isle of Man Steam Packet Company for £124.3m.
Sure, a trading brand of Batelco, is a telecommunications company in the Isle of Man, Jersey, Guernsey, the Falkland Islands, St. Helena, Ascension Island, and the British Indian Ocean Territory. Sure is the largest tri-island mobile operator across the Channel Islands and Isle of Man.
The Bank of Bermuda grew to a presence in 17 of the world's key financial and offshore centers including Bahrain, Cayman Islands, Cook Islands, Dublin, Guernsey, Hong Kong, Isle of Man, Japan, Jersey, London, Luxembourg, New York, New Zealand, Singapore, South Africa and Switzerland prior to its acquisition by the HSBC Group in February 2004.