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OECD tax proposals will have 'relatively small impact' on Island

Rules not expected to affect many Manx companies

Proposed new international tax laws would impact a relatively small number of businesses on the Isle of Man.

That's from the treasury minister after the OECD issued an update on its two-pillar solution to reform global taxation rules.

The proposals include making large multinational companies pay a minimum effective rate of 15 per cent.

But David Ashford doesn't believe it will have a huge impact here:

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