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No longer a tax haven, now we’re a compliant international financial center. It’s official. President Sarkozy got his wish granted at G20. Just say “Non” to tax havens. The IoM is now on the OECD White list of “good” centers which is a great tribute to the hard work of Tynwald and the IoM External Affairs department. Now we can hold our heads up proud with the likes of China and the US which, as we all know, are transparent, clean of drug money, free from financial scandals or dubious business enterprises and deplore banking secrecy. {hee,hee}
Oh, and for a good back story concerning the Chinese, French and the US, go here.
