http://www.abacusiom.com Abacus Sun, 01 Aug 2010 08:07:47 +0000 en-us http://www.abacusiom.com/news-detail.php?Isle-of-Man-introduces-treasury-share-regulations-9 Publicly traded Isle of Man companies can now hold a maximum of 10 percent of their own shares in treasury, under new regulations which came into effect on 1 May 2010. Tue, 11 May 2010 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?Isle-of-Man-introduces-treasury-share-regulations-9 http://www.abacusiom.com/news-detail.php?Isle-of-Man-ranks-high-as-finance-centre-8 The Isle of Man has achieved an impressive ranking of 24, out of a full list of 75, in the City of London’s seventh Global Financial Centres Index (GFCI). London and New York shared first place, with Hong Kong coming in third. Thu, 29 Apr 2010 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?Isle-of-Man-ranks-high-as-finance-centre-8 http://www.abacusiom.com/news-detail.php?Abacus-attends-Isle-of-Man-s-first-superyacht-conference-in-London-and-the-annual-Monaco-Yacht-Show-6 In spite of the recent economic downturn, the yacht industry has remained surprisingly active, albeit with prices of yachts having fallen. Indeed, for anyone seriously considering buying a yacht there are many bargains to be had at present. Sat, 05 Sep 2009 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?Abacus-attends-Isle-of-Man-s-first-superyacht-conference-in-London-and-the-annual-Monaco-Yacht-Show-6 http://www.abacusiom.com/news-detail.php?Eye-of-the-Tiger-4 Singapore, Hong Kong, Taiwan and South Korea – the original Tiger economies before the label was attached to the Republic of Ireland and later Dubai. Fri, 22 May 2009 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?Eye-of-the-Tiger-4 http://www.abacusiom.com/news-detail.php?Isle-of-Man-scores-another-victory-at-prestigious-International-Investment-Awards-3 It was another successful night for the Isle of Man and its finance sector when the Isle of Man won the prestigious International Investment Award for ‘Best International Finance Centre’ for the 8th time out of 9. Isle of Man companies fared equally well in picking up the lion’s share, winning 8 other awards. Announcing the awards, host Steve Evans said “that in the judges’ opinion the winning centre had clearly identified the challenges that it faces and developed clear strategies to deal with these.” Thu, 14 May 2009 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?Isle-of-Man-scores-another-victory-at-prestigious-International-Investment-Awards-3 http://www.abacusiom.com/news-detail.php?The-Isle-of-Man-and-Estonia-Sign-Historic-Double-Taxation-Agreement-5 On 8 May 2009, the Isle of Man concluded a treaty for the avoidance of double taxation with Estonia. The treaty generally follows the OECD Model Tax Convention and, to the Isle of Man Government’s credit, it is a first of its kind for any of British international finance centres. Fri, 08 May 2009 00:00:00 +0000 http://www.abacusiom.com/news-detail.php?The-Isle-of-Man-and-Estonia-Sign-Historic-Double-Taxation-Agreement-5