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OECD official praises Isle of Man

The European politician who spearheaded the OECD drive against so-called " tax havens" has praised the Isle of Man for its position on transparency.

Angel Gurria, the secretary general of the organisation, was speaking at the European Competition Forum in Brussels.

Mr Gurria said he was "very happy" with the progress being made by the Crown Dependencies.

Chief Minister Allan Bell says it's quite a turnaround:

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