Double Taxation Agreements - Agreements signed with seven Nordic countries

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8 November 2007

The Isle of Man has concluded taxation and economic cooperation agreements with the seven members of the Nordic Council - Denmark, the Faroe Islands, Finland, Greenland, Iceland, Norway and Sweden. The agreements were part of a package of 28 agreements that was signed at a ceremony in Oslo on 30 October 30 2007.

The agreements will enter into force in the Isle of Man from the 6 April following the completion of legal procedures and in the Nordic countries from the 1 January following completion of the legal procedures.

The Agreements will enter into force once all of the countries involved have completed their legislative procedures. In the Isle of Man the provisions of the Agreements will take effect, for income tax purposes, from 6 April in the calendar year following the date of entry into force. In the Nordic countries, the provisions will take effect from 1 January in the calendar year following the date of entry into force.

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Further Information:
Isle Of Man First to Sign Co-Operation Agreements with Nordic Countries
International Agreements

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