US president wants to stop businesses shifting profits overseas
'Time will tell' whether US President Joe Biden's plans to encourage a worldwide minimum business tax rate will impact on the Isle of Man.
That's according to former tax advisor Phil Dearden, who says it's likely the proposals will be 'watered down' following negotiations.
He says the President's aim is to stop multinational corporations shifting profits overseas:
Infrastructure minister thanks forecasters for Storm Bram warning
DoI began preparations ahead of peak of storm conditions
Housing schemes: Timeline given for potential changes as concerns raised over proposals for new arrivals
DOI member responds to questions over plans for Shared Equity Purchase Assistance Schemes
Clear up continues after Storm Bram
Several routes remain closed due to fallen trees and debris
Major debate over future of Manx Care as audit exposes structural and financial failings
Calls for clearer governance, long-term funding and united leadership