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Assessor welcomes Zero-ten stability

Hope for a period of stability but don't be complacent.

That's the warning from the Isle of Man's assessor of income tax.

With the ending of the controversial tax measure ARI, Dr Malcolm Couch believes some pressure has been taken off the Island's Zero-ten tax system, which has attracted much new business, through a levy of ten per cent on the incomes of some companies.

The scrapping of ARI is expected to boost confidence in the Island's finance sector, but Dr Couch is stressing the need to remain ultra-competitive:

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