Mondaq All Regions - Cayman Islands: Tax
Maples and Calder
The Cayman Islands Department for International Tax Cooperation ("DITC") has issued an advisory dated 20 March 2018 (the "Advisory") making certain announcements with respect to FATCA and CRS compliance...
Travers Thorp Alberga
The EU has not blacklisted the Cayman Islands as uncooperative in tax matters. But Cayman's inclusion on a graylist of countries that have promised to address certain deficiencies by the end of 2018...
Travers Thorp Alberga
For those with better things to do than follow the machinations of EU tax policy, we should state that Mr. Moscovici is French.
Maples and Calder
The Cayman Islands continues to push forward with adoption of this OECD reporting framework under the BEPS initiative.
Stuarts Walker Hersant Humphries
On 5 December 2017, a ‘blacklist' of 17 non-cooperative jurisdictions in taxation matters was approved and published by the Council of the European Union and the Cayman Islands has not, as expected, been included on such list.
Stuarts Walker Hersant Humphries
The DITC has advised the Industry that the Tax Information Authority (International Tax Compliance) (Country-by-Country Reporting) Regulations, 2017 ("CbCR Regulations") were made and gazetted on 15 December 2017.
Solomon Harris
In an Industry Advisory dated 1 February 2018, the Cayman Islands (‘Cayman') Ministry of Financial Services has advised that the Cayman Automatic Exchange of Information (‘AEOI') Portal (‘Portal') will re-open in March 2018.
Intertrust
In this article we share our tips for reporting success for a Cayman Investment Entity Financial Institution (FI) and common pitfalls to watch out for based on our experience, plus what's coming next, including key deadlines.
Maples and Calder
The Advisory also includes a reminder to CFIs that the deadline for filing FATCA and CRS returns and declarations with respect to the 2017 calendar year is 31 May 2018.
Dillon Eustace
These reports will be shared with other jurisdictions participating in the automatic exchange of country by country reports in line with OECD recommendations.
Walkers
The notification and reporting deadlines currently remain at 30 April 2018 and 31 May 2018 respectively.
Walkers
The Cayman Islands Department for International Tax Cooperation has issued an industry advisory which includes updated lists of CRS Participating Jurisdictions and CRS Reportable Jurisdictions.
Maples and Calder
As part of the Cayman Islands' ongoing commitment to international tax transparency, the Tax Information Authority (International Tax Compliance) (Country-By-Country Reporting) Regulations...
Walkers
What are the main authorities responsible for enforcing taxes on finance transactions in your jurisdiction?
Cayman Islands Government
The Cayman Islands is not on the EU's list of non-cooperative jurisdictions for tax purposes.
Maples and Calder
The penal withholding tax provisions of FATCA are making it difficult for US citizens to do business with foreign (non-US) financial institutions
Intertrust
41% are reviewing their investment structures to ensure they are BEPS-compliant
Cayman Islands Government
The Cayman Islands remains strong in complying with the international standards that govern the exchange of tax information among tax authorities, according to a report published today.
DMS Governance Ltd
On 19 July, the Department of International Tax Cooperation issued an update to the deadlines for Cayman Islands Financial Institutions to comply with U.S. FATCA and Common Reporting Standards.
Carey Olsen
All Cayman Financial Institutions (CFIs) must register with the Department of International Tax Cooperation for CRS (or vary their existing FATCA/UK CDOT registration) by 31 July 2017.
Most Popular Recent Articles
Travers Thorp Alberga
For those with better things to do than follow the machinations of EU tax policy, we should state that Mr. Moscovici is French.
Maples and Calder
The Cayman Islands Department for International Tax Cooperation ("DITC") has issued an advisory dated 20 March 2018 (the "Advisory") making certain announcements with respect to FATCA and CRS compliance...
Travers Thorp Alberga
The EU has not blacklisted the Cayman Islands as uncooperative in tax matters. But Cayman's inclusion on a graylist of countries that have promised to address certain deficiencies by the end of 2018...
Maples and Calder
The Cayman Islands continues to push forward with adoption of this OECD reporting framework under the BEPS initiative.
Solomon Harris
In an Industry Advisory dated 1 February 2018, the Cayman Islands (‘Cayman') Ministry of Financial Services has advised that the Cayman Automatic Exchange of Information (‘AEOI') Portal (‘Portal') will re-open in March 2018.
DMS Governance Ltd
The Department for International Tax Cooperation ("DITC") has released Version 2.0 of the Common Reporting Standard ("CRS") Guidance Notes and clarified certain areas:
Intertrust
In this article we share our tips for reporting success for a Cayman Investment Entity Financial Institution (FI) and common pitfalls to watch out for based on our experience, plus what's coming next, including key deadlines.
Stuarts Walker Hersant Humphries
On 5 December 2017, a ‘blacklist' of 17 non-cooperative jurisdictions in taxation matters was approved and published by the Council of the European Union and the Cayman Islands has not, as expected, been included on such list.
Stuarts Walker Hersant Humphries
The DITC has advised the Industry that the Tax Information Authority (International Tax Compliance) (Country-by-Country Reporting) Regulations, 2017 ("CbCR Regulations") were made and gazetted on 15 December 2017.
Walkers
The Cayman Islands Department for International Tax Cooperation has issued an industry advisory which includes updated lists of CRS Participating Jurisdictions and CRS Reportable Jurisdictions.
Maples and Calder
The Advisory also includes a reminder to CFIs that the deadline for filing FATCA and CRS returns and declarations with respect to the 2017 calendar year is 31 May 2018.
Collas Crill
Russia has recently introduced significant changes to its tax code - dubbed the "deoffshorization law"- intended to restrict the use of offshore corporate and trust structures controlled by...
Article Search Using Filters
Related Topics
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter