The Isle of Man has 0% corporation tax and so like all tax havens is a popular choice for the holding of Intellectual Property (IP) (for more information see our main article about the general benefits and tax advantage of outsourcing IP). It should be noted that the holding of IP in the Isle of Man may attract unwanted attention due to the stigma attached to offshore companies (for more information see our main article on offshore countries). The Isle of Man is also popular for the holding of other assets (see our main article on asset holding in the Isle of Man for more information about this). Alternatives to consider include Luxembourg and Malta which offer beneficial tax treatment for IP holding companies (though in both cases some tax will be payable) or Gibraltar where no tax will be payable in most cases.