ARTICLE · 10 AUGUST 2000

Isle Of Man Tax Planning Structures

Ernst & Young

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Isle of ManWealth Management

Pauline Doyle, Partner Ernst & Young Isle of Man

Currently, there are twelve basic entities which are capable of use in a tax planning structure involving the Isle of Man, namely:-

Isle of Man Tax Exempt Company
Isle of Man International Company
Isle of Man International Limited Partnership
Isle of Man Resident Company
Isle of Man Special Deduction Company
Isle of Man Limited Liability Company
Isle of Man Guarantee Company
Manx Family Foundation
Isle of Man Tax Exempt Trust
Isle of Man Special Purpose Trust
Foreign Company administered in the Isle of Man
Transfer of Domicile

The key features of each entity are outlined below:

Isle of Man Tax Exempt Company

Income must originate from outside the Isle of Man, except bank interest

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