OECD issues independent guides to measure long−term impacts of global events such as the Olympic and Paralympic Games
International Olympic Committee 21 Sep 2023 – The Organisation for Economic Co-operation and Development (OECD) has issued two guides to assist global sports, business and cultural event organisers and their stakeholders in monitoring, measuring and evaluating the social, economic and environmental benefits…
New economic substance regimes in the BVI, Cayman, Guernsey and Jersey receive OECD support
From Mourant 31 July 2019 The Organisation for Economic Co-operation and Development (OECD), has concluded a review of recent economic substance changes to the tax regimes and legislation in each of our jurisdictions of the BVI, Cayman, Guernsey and Jersey…
Why some startups are choosing to incorporate in the Cayman Islands
By Jonathan Prezman From SEEDLEGALS In addition to being a great destination for beautiful beaches, the Cayman Islands are also a global financial centre (the fifth largest banking sector in the world), with a number of major banks, leading global…
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Anthony Travers: Letter to the Washington Times – Cayman initiative is warfare
By Anthony Travers From The Washington Times Recently, Pascal Saint-Amans, a representative of the Organization for Economic Cooperation and Development(OECD), was in Cayman to explain the OECD position with respect to the proposed European Union and OECD“black list” of the Cayman Islands. I am not sorry that…
Cayman Finance responds to Netherlands blacklisting
GEORGE TOWN, Cayman Islands – Cayman Finance finds as unusual a recent decision by the Kingdom of the Netherlands to break from other European Union member states to “blacklist” 21 jurisdictions, including the Cayman Islands, based simply on having a…
OECD Tax Policy representatives visit Cayman Islands
High-ranking representatives from the OECD Centre for Tax Policy and Administration visited the Cayman Islands on 3 and 4 January. The centre’s Director, Pascal Saint-Amans; and its Head of Unit for Harmful Tax Practices, Melissa Dejong, met with Cabinet and…
Cayman Islands Government statement on The Netherlands blacklisting
From The Office of the Premier The Cayman Islands Government regrets that the Kingdom of The Netherlands has chosen to break from other EU Member States to pursue a “blacklist” of 21 jurisdictions, including the Cayman Islands, based solely on…
Cayman Finance statement on the ‘Cayman Islands Economic Substance Bill’
6 December 2018 The Cayman Islands Government today released the draft International Tax-Co-operation (Economic Substance) Bill, 2018 “a law to provide for an economic substance test to be satisfied by certain entities; and for incidental and connected purposes” (the “Bill”)….
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Sir Ronald Sanders: Coping with the OECD reality
By Sir Ronald Sanders Barbados Today Demands of the rich man’s club, the Organisation for Economic Cooperation and Development (OECD), have once again created disarray in the Caribbean. It is a disarray to which Caribbean countries have contributed by their…
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Barbados: Biz tax cut ‘will hike taxes on people’ – UPP
By Marlon Madden From Barbados Today Brace for an increase in taxes in light of Government’s decision to lower the domestic corporation tax rate, level with international business companies, the United Progressive Party (UPP) is warning Barbadians. In a statement…
