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ARTICLE · 06 MARCH 2020

Update In Respect Of Automatic Exchange Of Information ("AEOI")

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On 20 February 2020, the Cayman Islands enacted the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2020 (the "CRS Amendment") and the …

Cayman IslandsTax
Lucy Frew
Lucy Frew
Steven Manning
Steven Manning
Daniel Wood
Daniel Wood
Alice Molan
Alice Molan
Sara Hall
Sara Hall
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On 20 February 2020, the Cayman Islands enacted the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) (Amendment) Regulations, 2020 (the "CRS Amendment") and the Tax Information Authority (International Tax Compliance) (United States of America) (Amendment) Regulations, 2020 (the "FATCA Amendment"). These amendments amend the Tax Information Authority (International Tax Compliance) (Common Reporting Standard) Regulations ("CRS Regulations") and the Tax Information Authority (International Tax Compliance) (United States of America) Regulations ("FATCA Regulations") respectively. On 25 February, the Tax Information Authority published a notice updating the list of jurisdictions to be treated as reportable for CRS purposes. This advisory provides a summary of the changes.

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