Teare signs tax agreement with Romania
The Isle of Man has signed a Tax Information Exchange Agreement (TIEA) with Romania.
The TIEA was signed during a ceremony in London on 4 November 2015, by His Excellency Mihnea Ioan Motoc, Romania Ambassador in London and Eddie Teare MHK, the Isle of Man’s Treasury Minister.
Mr Teare said: ‘The Isle of Man Government welcomes the signing of a Tax Information Exchange Agreement with Romania. This is the Island’s 34th TIEA and its 44th agreement that meets the OECD international standard on tax co-operation and transparency. The signing of this agreement demonstrates the Island’s longstanding commitment to international standards in tax transparency and effective exchange of information.’
