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Panorama claims Island changed laws to aid tax dodgers

Tue, 07 Nov 2017

BBC Panorama claims the Isle of Man changed laws to make it easier for companies to avoid tax.

The programme showed emails released as part of the Paradise Papers which appeared to show lawyers promoting a scheme which would help their clients hide cash, while offering to help the legislators make law changes.

Chief Minister Howard Quayle said in an interview with the programme that he doesn't believe the Island would have knowingly brought in a law that helps tax evaders, but Panorama claimed the changes were brought in in 2005 - prior to Mr Quayle becoming an MHK.

The Chief Minister also insisted he would take action if the BBC's evidence confirmed their accusations.


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