The deal - the 10th Double Taxation Agreement (DTA) the island has signed since 2009 - is part of the Manx government's continued action to help improve economic communications and co-operation with other countries.
Isle of Man Treasury Minister, Eddie Teare and Luxembourg's Charge d'Affaires, Beatrice Kirsh signed the treaty in London on the 18th April.
The Isle of Man has now signed 10 DTAs as well as 27 tax information exchange agreements since 2002.
We have the expertise to assist with multi-jurisdictional fiduciary services for international structures
On a recent transaction we worked closely with IQE to set up and run a corporate structure to facilitate a new residential development in London. We found the IQE team responsive and proactive. It was clear that their property experience added value and understanding of the clients’ requirements on the project. Christine Jackson, Partner, Real Estate Group, Lawrence Graham LLP