Mondaq All Regions - Cayman Islands: Tax
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...
Solomon Harris
As an aside, the GAC also asked whether a system which does not allow taxpayers to be given information to challenge whether a Notice is lawful is missing a vital safeguard.
Walkers
The Cayman Islands Department for International Tax Cooperation has made the following announcements regarding the AEOI regimes.
Harneys
This update sets out key dates and developments that have changed since then.
Dillon Eustace
This briefing outlines the key steps which will need to be addressed by Cayman funds and their managers and general partners in order to ensure compliance with the Cayman CRS Regulations.
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:
Walkers
The Reportable Jurisdictions are those with which the Cayman Islands will share the information it collects under the CRS.
DMS Governance Ltd
The Cayman Islands Tax Information Authority ("TIA") announced a soft opening for the first year of the Common Reporting Standard ("CRS").
Walkers
Captive insurance professionals need to be aware of certain points arising from the updated Common Reporting Standard Regulations, according to Lucy Frew, partner of Walkers Global.
Cayman Islands Government
European Commissioner Pierre Moscovici recognised the strength of the Cayman Islands' tax transparency regime, as well as our participation in the OECD's base erosion and profit shifting inclusive framework, during a meeting with Financial Services Minister Wayne Panton in Brussels.
Cayman Finance
A team of expert assessors, from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, recently visited the Cayman Islands to conduct a peer review,
Cayman Islands Government
A team of expert assessors, from the OECD Global Forum on Transparency and Exchange of Information for Tax Purposes, recently visited the Cayman Islands to conduct a peer review, which assesses how our jurisdiction applies the Global Forum's international standard for exchanging tax information upon request.
Maples and Calder
In your jurisdiction, what pre-entry estate and gift tax planning can be undertaken? There are no estate or gift taxes in the Cayman Islands.
Harneys
The DITC has stated that it will issue updated CRS Guidance Notes in the first quarter of 2017 to cover the Regulations.
Walkers
The primary purpose of the Second Tranche is to ensure effective implementation of the Common Reporting Standard by the Cayman Islands as an early adopter of the CRS.
Maples and Calder
In your jurisdiction, what pre-entry estate and gift tax planning can be undertaken? There are no estate or gift taxes in the Cayman Islands.
DMS Governance Ltd
There are fund structures which utilize the sponsoring entity concept to comply with the U.S. Foreign Account Tax Compliance Act whereby the sponsoring entity agrees to perform all required due diligence...
Cayman Finance
Oxfam is wrong. This is the same purposefully misleading rhetoric pretending to be research that Oxfam has published and republished for years.
Cayman Islands Government
Along with a European Commission tax official, a Member of the European Parliament, and the head of the United Nations Conference on Trade and Development's investment division...
Walkers
Budget 2017 was announced by the Minister for Finance on 11 October. Much of the content was well flagged in advance and the overall theme of the Budget was that of prudence.
Most Popular Recent Articles
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:
Walkers
The Reportable Jurisdictions are those with which the Cayman Islands will share the information it collects under the CRS.
Harneys
The DITC has stated that it will issue updated CRS Guidance Notes in the first quarter of 2017 to cover the Regulations.
Walkers
The primary purpose of the Second Tranche is to ensure effective implementation of the Common Reporting Standard by the Cayman Islands as an early adopter of the CRS.
Cayman Finance
FATCA refers to US legislation more fully known as the Foreign Account Tax Compliance Act and includes the US Treasury regulations implementing it.
Walkers
The Cayman Islands and British Virgin Islands ("BVI") have open, accountable and transparent regulatory systems.
DMS Governance Ltd
The Cayman Islands Department of International Tax Cooperation (DITC) has advised that it has extended the notification and reporting deadlines for both UK CDOT and US FATCA for 2016.
DMS Governance Ltd
The Cayman Islands Tax Information Authority ("TIA") announced a soft opening for the first year of the Common Reporting Standard ("CRS").
Walkers
When calculating stamp duty on any real estate transaction, it is worth noting that the Government has the ability to reassess the amount of duty payable where they feel the price paid for a property is lower than its market value.
Cayman Islands Government
Along with a European Commission tax official, a Member of the European Parliament, and the head of the United Nations Conference on Trade and Development's investment division...
DMS Governance Ltd
The Cayman Islands Tax Information Authority, on December 8, 2015 provided the following implementation updates for the Common Reporting Standard...
Maples and Calder
Further to our last update in relation to the extension of deadlines for both notification and reporting by Reporting Financial Institutions ("Reporting FIs") through the Cayman Islands AEOI Portal ("Portal"), the Department of International Tax Cooperation has issued a further advisory confirming the extension of the notification deadline to 29 May 2015 and the reporting (of US Reportable Accounts) to 26 June 2015.
Article Search Using Filters
Related Topics
Popular Authors
Popular Contributors
Up-coming Events Search
Tools
Font Size:
Translation
Channels
Mondaq on Twitter