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Tax changes unfeasible, says Teare

Zero-10 here to stay

Looking beyond the Island's zero-10 tax structure simply isn't viable, according to the Treasury minister.

Eddie Teare made the comments in front of Tynwald's Economic Policy Review Committee on Friday.

The committee summons the minister annually, to discuss a range of financial matters.

Mr Teare said despite pressure mounting for tax reform the world over, the Island couldn't afford to slip below its competitors:

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