Isle of Man
A. Progress in the implementation of the minimum standard
The Isle of Man has ten tax agreements in force as reported in its response to the Peer Review questionnaire. Six of those agreements comply with the minimum standard.
The Isle of Man signed the MLI in 2017 and deposited its instrument of ratification on 25 October 2017. The MLI entered into force for the Isle of Man on 1 July 2018. The agreements modified by the MLI come into compliance with the minimum standard once the provisions of the MLI take effect.
The Isle of Man has not listed its agreement with Jersey under the MLI but indicated in its response to the Peer Review questionnaire that steps have been taken (other than under the MLI) to implement the minimum standard in that agreement.
The Isle of Man is implementing the minimum standard through the inclusion of the preamble statement and the PPT.1
Note
← 1. For its agreements listed under the MLI, the Isle of Man is implementing the preamble statement (Article 6 of the MLI) and the PPT (Article 7 of the MLI).