The OECD report has one again placed the Isle of Man on the top tier with regards to openess and transparency when carrying out tax information exchanges.
The report was delivered at the G20 summit over the past week.
Joining the Isle of Man in the top group are Australia, France, India, Ireland, Italy, Japan and Norway.
The report is based on the peer review programme which conducted a rigorous assessment of the Isle of Man’s legal and regulatory framework and practical implementation of standards of exchange of information for tax purposes.
Chief Minister Allan Bell has said amidst a week of bad news on a global scale this is very positive for the Isle of Man:
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