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.
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As Chairman of Greenko Group plc, I have enjoyed a four year association with IQE during which time they not only provided administration, corporate governance and company secretarial support but also the [dedicated] services of Mike Brown FCIS as a qualified and experienced Company Secretary to act on our behalf. Throughout this time, I found IQE and their staff to be very helpful, patient and professional in their dealings. As a London Stock Exchange AIM listed company we undertook several complex multi-jurisdictions corporate transactions and I am particularly appreciative of IQE’s invaluable support on these occasions. Keith Henry, Chairman, Greenko Group Plc