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New On The Network Today
This feed is published daily with selected new or updated
content from across our network. For a list of network sites, many of
which feature daily news, see below. |
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| 29/07 New
Lowtax Editor Column, by Kitty Miv |
| 28/07 New
PBTG Editor Column, Caroline, PBTG editor |
| 27/07 UK Launches Raft Of Tax Consultations, Tax-News.com |
| 26/07 Fat
Tax On The Menu
, Jeremy Hetherington-Gore blog entry |
| 23/07 Sarkozy Seeks 'Fiscal Convergence' With Germany, Tax-News.com |
| 20/07 Singapore
Base For Tuvalu OIFC, Tax-News.com |
| 19/07 Expats
Turn Backs On US Taxes, Tax-News.com |
| 16/07
Congress Approves US Financial Reform Bill, Tax-News.com |
| 15/07 New
Lowtax Editor Column, by Kitty Miv |
| 15/07 St
Vincent & The Grenadines, Investors Offshore special feature |
13/07 Tax-News.com
Jersey Review 2010-2011 |
| 12/07 Goodbye
To All That, Jeremy Hetherington-Gore blog entry |
| 09/07
Antigua Pursuing Trade Sanctions Against US, Tax-News.com |
| 08/07 New
Lowtax Editor Column, by Kitty Miv |
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06/07 Hong
Kong Full PBTG Guide, added to Personal Business Tax Guide |
| 05/07
Australian Mining Tax Agreement Reached, Tax-News.com |
| 02/07 Online
Trading For Expats, Investors Offshore special feature |
| 29/06 EC
To Extend Common System Of VAT, Tax-News.com |
| 28/06
Lowtax Dubai, annual update |
| 25/06 Jersey
Considers Tax Future, Tax-News.com |
| 22/06 VAT
Hiked In UK Emergency Budget, Tax-News.com |
| 21/06 Steady
Progress In TPP Negotiations, Tax-News.com |
| 18/06 Singapore
- Another Hong Kong?, Investors Offshore special feature |
| 15/06 Swiss
Parliament Approves UBS Agreement, Tax-News.com |
| 14/06 Ethical
Moonshine, Penelope Wise blog entry |
| 11/06 Germany
Purchases Stolen Tax Data Disc, Tax-News.com |
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08/06 Dubai
Full PBTG Guide, added to Personal Business Tax Guide |
| 07/06 G-20
Shelves Global Bank Tax, Tax-News.com |
| 04/06
Lowtax Panama, annual update |
| 01/06
Lowtax Luxembourg, annual update |
| 31/05
OECD And EU Strengthen Tax Cooperation, Tax-News.com |
| 28/05
Lowtax Guernsey, annual update |
| 25/05
Lowtax Jersey, annual update |
| 24/05 Lithuania
Summary PBTG Guide, added to Personal Business Tax Guide |
| 21/05
Lowtax Liechtenstein, annual update |
| 18/05 Latvia
Summary PBTG Guide, added to Personal Business Tax Guide |
| 17/05 Offshore
And The Euro, Jeremy Hetherington-Gore blog entry |
| 14/05 IO
Focus: Barbados, Investors Offshore special feature |
| 03/03
Personal Business
Tax Guide, PBTG, has launched! |
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| Providing essential tax news and information for globally
mobile artists, contractors, entrepreneurs, professionals, small businesses,
sportspersons and entertainers. |
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| Lowtax Network Sites |
| Lowtax Network Portal:
'Low-tax' business and investment in the top 50 jurisdictions covered in
exceptional detail. |
| Tax News: Global
tax news, continuously updated through the day. |
| Investors Offshore:
The independent offshore and alternative investment guide for expatriates
and the globally aware investor. Sponsored by HSBC
Bank International. |
| Law & Tax
News: Daily news and background data on tax and legal developments
for international business. |
| Offshore-e-com:
A topical guide to offshore e-commerce focused on tax and regulation. |
| Lowtax Library:
One of the web's largest and most authoritative business and investment
information sources. |
| US Tax Network:
The resource for free online US taxation information, covering: corporate
tax, individual tax, international tax, expatriates, sales and e-commerce
tax, investment tax. |
| NEW! Personal
Business Tax Guide: Providing essential tax news and information
on business for contractors, entrepreneurs, professionals, small businesses,
artists, sportspersons and entertainers. |
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| New Immigration System To Be Introduced In IOM |
by Jason Gorringe, Tax-News.com, London
Monday, December 07, 2009
The Isle of Man Immigration Office last week introduced the first stage of a new points-based system for managing the immigration of foreign nationals from outside the European Economic Area to the island for employment purposes.
The move, approved by the Council of Ministers following recommendations from a Tynwald Select Committee, incorporates elements of the system that is already in place in the United Kingdom.
The salient points of the system are as follows:
- Tier 1 (General) Migrant is for highly-skilled workers who demonstrate that they are highly skilled, have enough money to support themselves, and are able to speak English, in order to gain sufficient points under the system.
- Tier 1 (Entrepreneur) Migrant is for those investing in the Isle of Man by setting up or taking over, and being actively involved in the running of, one or more businesses in the Isle of Man. The applicant has to demonstrate his/her ability to finance the business investment, support themselves and speak English, in order to gain the necessary points.
- Tier 1 (Investor) is designed to allow high net worth individuals to make a substantial financial investment in the Isle of Man. The ability to make the substantial investment must be demonstrated to gain sufficient points.
- The Tier 5 Youth Mobility Scheme, (which replaces the Working Holidaymaker Scheme). This scheme is for young people from participating countries who would like to experience life in the Isle of Man. The countries participating in the scheme - Australia, Canada, Japan, and New Zealand - have been chosen because they have reciprocal agreements which allow young British Citizens to spend time in their countries. Young Manx residents qualify as British Citizens under these agreements.
Other elements of the new Points Based system, which will replace existing controls, are being progressed.
Tier 4, which applies to students and further elements of Tier 5 will be considered for adoption in the new year.
Tier 2, which applies to skilled workers and which will replace the Overseas Labour Scheme, is currently under consideration by the Department of Trade and Industry. Tier 3 applies to unskilled workers; it has not been adopted in the UK and will not be introduced in the Isle of Man for the foreseeable future, according to the Manx authorities.
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