- Maximum terms of imprisonment for indirect tax evasion on Isle of Man set to increase from 7 to 14 years
- Legislation, Customs and Excise Acts 1986 (Amendment) Order 2024, to align with UK legislation
- Amendments made to three Acts related to customs and excise management
- Increase in maximum imprisonment term for breaching conditions associated with tax reliefs, improper importation and exportation of goods, and contravention of restrictions on controlled hydrocarbon oils
- Amendments considered prudent to deter serious criminal actions and protect revenues for public services
Source: gov.im
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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