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ARTICLE · 16 AUGUST 2016

Cayman Islands Further Extends US/UK FATCA Deadline

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The Cayman Islands Department of International Tax Cooperation (DITC) has again extended the notification and reporting deadlines for both UK CDOT and US FATCA.

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The Cayman Islands Department of International Tax Cooperation (DITC) has again extended the notification and reporting deadlines for both UK CDOT and US FATCA.

Notifications and reports are now due by Friday, September 2, 2016. There will be no adverse consequences or sanctions, once compliance is met by this date. The DITC has granted this latest extension due to issues that users have encountered with the AEOI portal.

Should you need assistance with US FATCA and/or UK CDOT compliance, DMS can take the compliance responsibilities off your hands and provide a full-service solution to meet your obligations.

DMS Can Help

Our International Tax Compliance Group will:

  • Classify your entities and structures to determine the FATCA and CRS obligations and analyze the availability of reporting exemptions.

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