Facebook paid €1.9m in Irish tax on €1.7bn turnover [royalty payments to Cayman]
By Colm Keena From The Irish Times Latest accounts show jump in royalty payments to Cayman-owned company Facebook Ireland, the Dublin-based company that forms a key part of its global corporate structure, grew its turnover by €737 million last year…
Cayman Captive Forum sells out
The 21st annual Cayman Captive Forum, believed to be the world’s largest captive conference, has sold out with just shy of 1,400 participants taking part in a week of educational sessions, information sharing and networking. As the conference officially opened…
Cayman being sued for unpaid bill of $54,000 by forensic company
Cayman Islands Forensic Service Ltd says it is owed $54,000 and interest at over 2% plus costs for an 18-page report it conducted for the Cayman Islands Department of Immigration into systems for individual background checks and unearthing fraudulent travel…
Young Nation Builders Scholarship Programme was far from being fair to all
From the Office of the Premier Update on Young Nation Builders Scholarship Programme [YNBSP} An internal audit by the Ministry of Education revealed that the amount of the YNBSP scholarship awards varied widely. Most of the current students were receiving…
Cayman builder and surveyor subject of malicious prosecution
Malicious prosecution divides Privy Council By Christopher Russell From Appleby Global It is a frequent and necessary function of the law to create a balance between competing and conflicting desirable aims. Three such are: (1) no wrong should go…
Concerns at West Bay Conservation Meeting
While there were less than 20 attendees at West Bay’s public meeting on the proposed National Conservation Law, those present represented the past 60 years of working in the areas such as scuba diving, transport, commerce and land-based tourism attractions….
Man charged with Sprint robbery remanded and committed to Grand Court
The Royal Cayman Islands Police Service has reported today (3) that a man has been charged and has appeared in court in connection with the Sprint robbery which took place outside Britcay House on 4 October, 2012. The 27–year-old was…
LIME rolls out LTE service in Cayman
Last Friday (29) LIME completed its rollout of the superfast 4G LTE mobile data service across all three Cayman Islands. The new technology will offer customers speeds of over 100Mb/s that is equivalent to having fibre optic cable capabilities through…
Cayman’s St Matthews Medical School uses US funds loophole
From Bloomberg Businessweek For-Profit Caribbean Medical Schools Use Federal Funds Loophole By Janet Lorin December 03, 2013 For-profit Caribbean medical schools that don’t have access to U.S. federal loans are finding a way around the rules: Encouraging some students to…
West Bay man found guilty of gun possession
On Thursday 28th November Ray Kennedy-Smith Jr. of West Bay was found guilty by Justice Charles Quin of possessing a firearm in a judge alone trial. The firearm was a loaded Smith & Wesson model 5906 pistol. that was recovered…
