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Island told to get its 'house in order'

Mon, 20 May 2013

David Cameron has told the Isle of Man to get its ‘house in order’ ahead of next month’s G8 Summit.

The Prime Minister has written to 10 British overseas territories which operate low-tax regimes.

In his letter he says he respects the right to be a lower tax jurisdiction but says lower taxes are only sustainable if what is owed is actually paid.

The Island’s Chief Minister is expected to respond later today.

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