A finance watchdog has questioned what 'real' economic benefits the Island's tax policies provide for the Manx people.
Alex Cobham, the chief executive of the Tax Justice Network, made the comment after his organisation placed the Isle of Man 17th on a list of 64 of what it claims are the 'most aggressive tax havens'.
The chief minister has dismissed the index as an 'irrelevance', and says the Island is fully compliant with the latest international standards set by bodies such as the OECD.
Howard Quayle defended the Isle of Man's record in this area, citing leadership on tackling Base Erosion Profit Shifting.
Listen to both side of the issue, on this episode of Agenda.
