Isle of Man News - POSTED Tue 01-07-2014

Views sought on company ownership

by Joanne Clague

Views sought on company ownership - picture

The Manx Government has launched a consultation to gather views on identifying the true owners of companies.


UK Prime Minister David Cameron plans to create a public register of beneficial ownership to combat tax evasion. He's asked all the crown dependencies to do the same.


The consultation will seek views on the current regime in the Isle of Man and whether a centralised registry would improve transparency. It can be found at www.gov.im/lib/docs/co/consultations/beneficialownershipconsultationju.pdf


Watch our MTTV interview with Chief Minister Allan Bell on the issue at http://www.manx.net/tv/mt-tv/watch/63515/chief-minister-on-cameron-request


Got a story? Contact Joanne on 340000 or email newsdesk@manx.net
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