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The US Foreign Account Tax Compliance Act (FATCA) is in the vanguard of a global movement towards the automatic exchange of information on tax matters.

The Cayman Islands Government, along with its fellow 126 members of the OECD's Global Forum on Transparency and Exchange of Information for Tax Purposes, today received an email in relation to the EU Commission's ‘blacklist'.

A fraud investigator obtains access to the bank statements of a company and discovers a wire transfer to another company in the Cayman Islands.

As advancements in technology continue to enhance business' ability to operate from almost anywhere in the world, the need grows for legislators to modernise tax laws...

This trip followed her visit in April this year, when Minister Rivers attended similar meetings on Capitol Hill, and with the US Treasury and State departments.

Fifty-three jurisdictions have agreed to automatic exchange of tax information beginning in 2017, under the OECD's Common Reporting Standard.

This Regulatory Update provides a snapshot of the key legal developments in the BVI and the Cayman Islands over the last quarter.

The following alert has been updated to reflect the Mar 19, 2015 announcement of the opening of the Cayman AEOI Portal and the removal of the mandatory requirement for a NIL return to be submitted.

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...

So exclaimed Mark Twain on reading his evidently premature obituary. And we can similarly characterise the hopelessly inept Economist article of 1st June 2021 "Twilight of the Tax Haven", in similarly suggesting that the effect ...

The "harmful tax competition" campaign of the Organisation for Economic Cooperation and Development (OECD) is stalled. Many low-tax jurisdictions did send so-called commitment letters to the Paris-based bureaucracy earlier this decade after being threatened with financial protectionism, but almost all the persecuted financial centres insisted that the letters would be binding only if the "onshore" nations also agreed to abide by the same misguided rules – the "level playing field" requirement.

Cayman Finance CEO Mr Jude Scott has welcomed the positive news that the Cayman Islands had been included on Italy's "whitelist".

Os prazos para as Instituiçőes Financeiras das Ilhas Cayman ("CFI") cumprirem com as obrigações de US FATCA e Common Reporting Standards ("CRS") estão se aproximando.

More than 90 jurisdictions, including all 34 member countries of the Organisation for Economic Co-operation and Development ("OECD") and the G20 members...

Choosing the right jurisdiction for your innovative business can be a difficult decision. With plenty of prime locations and various complex regulatory and tax requirements to sift through...

For those with better things to do than follow the machinations of EU tax policy, we should state that Mr. Moscovici is French.

The new proposals are aimed at entities which do not maintain sufficient substance within the EU.