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Government addressing Paradise Papers allegations

Tue, 21 Nov 2017

The Chief Minister says the Government is working to correct errors reported about the Isle of Man in the recent coverage of the Paradise Papers.

Howard Quayle revealed that the Cabinet Office, Treasury and Department of Economic Development are engaging with local businesses and industries to defend the Island's reputation after it was accused of helping tax dodgers.

Speaking in this month's sitting of Tynwald, Mr Quayle added that the Government has been addressing the allegations by answering media queries and rebustly correcting errors.

The Chief Minister insists engagement will ensure debate is balanced and that the Island's reputation for compliance and transparency remains front and centre.

Mr Quayle also reiterated that the Isle of Man isn't a place that welcomes those seeking to evade or aggressively avoid taxes.

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