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9 Nov 2018, 1:26pm

EU takes action against Isle of Man tax loophole on private jets

The Guardian
European commission writes to UK over ‘abusive practices’ in crown dependency The European commission has launched infringement proceedings against the Isle of Man and Italy over what it says are illegal tax breaks given to some of the world’s wealthiest people over their purchase of private jets and yachts. The Guardian and the BBC
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