Financial Services Minister Invited to EU Tax Symposium

Financial Services Minister Invited to EU Tax Symposium

Minister Ebanks was invited by Mr Paul Tang, who chairs FISC (the EU Parliament’s Subcommittee on Tax Matters), to the 24-25 October symposium in Brussels.   This was the first time the European Parliament and the European Commission jointly organised the...
For the First Time, Cayman’s Financial Services Minister Publicly Debates Tax Subcommittee Members of EU Parliament

For the First Time, Cayman’s Financial Services Minister Publicly Debates Tax Subcommittee Members of EU Parliament

Grand Cayman, 14 November 2022 – MFSC_CooperationTimeline_2021_Final Minister Ebanks said he accepted the invitation to exchange views with the EU Parliament’s Subcommittee on Tax Matters (FISC) to provide a better understanding of the Cayman Islands’...
Cayman Islands Government Statement on G7 Global Tax Rate Announcement

Cayman Islands Government Statement on G7 Global Tax Rate Announcement

The G7 announcement, which would predominately affect multinational enterprises, aligns with the Cayman Islands’ overall position that taxes should be paid where they are rightfully owed.   While the Cayman Islands’ primary business is investment funds,...
CRS and FATCA Amendment Regulations, CRS Reportable Jurisdictions Now Available

CRS and FATCA Amendment Regulations, CRS Reportable Jurisdictions Now Available

The Department for International Tax Cooperation (DITC) advises industry that the Amendments to the CRS & FATCA Regulations were approved by Cabinet on 18 February 2020 and take immediate effect: Tax Information Authority (International Tax Compliance) (Common...