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Laws and Regulations Related to the Cayman Islands’ Commitment to the EU
These regulations bring general partnerships, limited partnerships, exempted limited partnerships and foreign limited partnerships into scope for economic substance requirements. As a result, all partnerships will be required to notify with the Tax Information Authority (TIA).
Technology can positively impact financial services, as well as the delivery of social services to the less fortunate, the Hon. André Ebanks said during the recent Cayman Islands Digital Economy Conference (CYDEC).
The Cayman Islands Government is aware of the G7 announcement on 5 June 2021 regarding a global minimum corporate tax rate.
Minister for Financial Services and Commerce the Hon. André Ebanks, and Parliamentary Secretary for Financial Services the Hon. Katherine Ebanks-Wilks were briefed by three Cayman Islands Government departments which are key in business regulation, and support for our local economy and global reputation.