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Deal done in Cayman Islands that could decide the Vodafone India Tax Case

As the British telecommunications company Vodafone Group and India’s finance ministry edge ever closer to a full-blown confrontation over taxes related to Vodafone’s $11.1 billion acquisition in India, a key issue may be the India-Netherlands Bilateral Investment Treaty, signed between…

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Bush involvement in blasting issue revealed on CITN

On yesterday’s newscast at 6pm CITN showed copies of documents they had obtained which implicated Hon. McKeeva Bush in the importation of explosives. The documents show Midlands Acres Ltd. that operates a quarry asking Premier McKeeva Bush to assist in…

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Taxing question because of Cayman Island’s involvement in Guardian Media Group

The decision by Guardian Media Group and Apax Partners, co-owners of Top Right Group (formerly known as Emap), to sell its car data subsidiary CAP for an estimated £175 million raises an interesting question of tax. The reason is that…

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Students to discuss citizen security with regional experts

Leaders in secondary- and tertiary-level educational institutions across the Cayman Islands are nominating students to attend the Vybzing Youth Programme, an invitation-only event that is linked to the high-level Caribbean Development Bank’s Annual Board of Governors Meeting. About 70 students…

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The Auditors Oversight Law 2011 comes into force on the Cayman Islands

Cayman Islands’ law firm Appleby has published an update on The Auditors Oversight Law 2011 which was passed by the Legislative Assembly of the Cayman Islands in September 2011 and came into force on 1 May 2012, by Governor’s Order….

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Home owners across the nation sue all bank servicers and their offshore havens (including Cayman Islands); Spire Law officially announces filing of Landmark Lawsuit

Largest international money laundering network in history formed during Obama administration; U.S. banks’ theft of home owners’ money laundered through Cayman Islands, Isle of Man and numerous offshore-based affiliates. In a lawsuit alleged to involve the largest money laundering network…

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Study shows tax evasion crackdown has largely failed

The flow of funds to low-tax jurisdictions has barely changed since 2007, despite significant global efforts to tackle the problem. Deposit data from the Bank of International Settlements (BIS) demonstrates that $2.7trn (£1.7trn) is deposited offshore in spite of unprecedented…

Rotary Central continues solid support of Junior Achievement

The Rotary Club of Grand Cayman Central is this year proud to continue its long-standing encouragement for the Junior Achievement of the Cayman Islands programme in this, its twentieth year of steadfast support. Fiona Moseley, Rotary Central President says that…

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20,309 Foreign workers in Cayman Islands

The Department of Immigration Quarterly Statistical Report Mach 2012 makes fascinating reading. For the full report and graphs go to Cayman Islands Immigration website At the end of the 1st quarter of 2012 there were a total of 20,309 foreign…

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Cayman Airways launches non-stop service between Dallas and the Cayman Islands

Cayman Airways has announced the launch of non-stop service from Dallas/Fort Worth International Airport to Grand Cayman to commence this June. Effective June 23, 2012 – September 2, 2012, Cayman Airways will operate weekly service from Dallas to Grand Cayman…