WebIncome tax: deduction of interest paid to non-residents. 132. Deduction of patent etc. fees and expenses. 133. Deduction of payments for technical education. 134. Deductions … Webtax return and the partnership has not claimed a specific exemption under Sections 80D (2A) and 80D (4) of the Income Tax Act 1970 on its income tax return. ... Income Tax Division Isle of Man, British Isles IM1 3TXEconomic Substance Telephone (01624) 685400 Fax (01624) 685351 Email [email protected]

International Clients - Atla

WebInternational pension schemes approved under section 50B of the Income Tax Act 1970 50B schemes can be either personal pension schemes or occupational pension schemes but … eastern time to sgt

IOM Economic Substance Rules - Cayman National

WebJan 25, 2024 · Regardless, the UBO will need to confirm whether the Isle of Man company’s activity falls within a Relevant Sector for the purposes of Economic Substance legislation – contained in Part 6A Income Tax Act 1970. WebPART I Charge of Income Tax, and General Provisions relating only to income tax CHAPTER I The Charge, and Dates for Payment 1 The charge. Where any Act enacts that income tax … WebThis Economic Substance insert is required to be completed if the relevant partnership is resident in the Isle of Man for substance ... of the Income Tax Act 1970 on its income tax return. For the purposes of this form, ‘relevant partnership’ takes the definition detailed in Section 80B of the Income Tax Act 1970 and includes eastern time to regina time