The Isle of Man Treasury has issued a release on changes in the disclosure of avoidance schemes for VAT and other indirect taxes with effect from 1 November 2021. As part of the release, reference is made to UK HMRC VAT Notice 799, which explains the changes as already introduced in the UK from 2018.
---
Disclosure of Avoidance Schemes for VAT and other indirect taxes
Monday, 11 October 2021
The way avoidance schemes for VAT and other indirect taxes are notified to the Treasury is being…