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A big step for Mann

The Treasury Minister has described the tax information exchange deal, agreed with the UK just before the Christmas break as " one big step for Mann".

The Island has said it will sign up to the UK Fatca directive, putting it "out of sync" with the Channel Islands, who are holding back.

Eddie Teare says with tax morality the new buzzword, there are new limits appearing on what the Island is now able to do:

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