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Isle of Man Announces Changes in Disclosure of Avoidance Schemes for VAT and Other Indirect Taxes

|Approved Changes|Isle Of Man
Isle Of Man

The Isle of Man Treasury has issued a release on changes in the disclosure of avoidance schemes for VAT and other indirect taxes with effect from 1 November 2021. As part of the release, reference is made to UK HMRC VAT Notice 799, which explains the changes as already introduced in the UK from 2018.

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Disclosure of Avoidance Schemes for VAT and other indirect taxes

Monday, 11 October 2021

The way avoidance schemes for VAT and other indirect taxes are notified to the Treasury is being…