Maples and Calder supports Sailing Club
Maples and Calder has donated CI$3,000 to assist the Cayman Islands Sailing Club in purchasing a new sailboat to be used in their Government Schools Programme. The Government Schools Programme provides training at no cost to students attending government schools…
The corrosive effect of Apple’s tax avoidance
By Floyd Norris New York Times The shameful thing about Apple Inc.’s ability to structure its business to avoid United States taxes was not that it did it. In fact, as Apple executives tried to point out at the Senate…
Building a 21st century infrastructure: better outcomes, faster timelines, and less red tape
Posted by Secretary Ray LaHood and Sylvia Burwell, Office of Management & Budget, the Whitehouse President Obama signed a Presidential Memorandum that will shave months, and even years, off the time it takes to review and approve major infrastructure projects….
UK tax crusade versus Caribbean financial prosperity
By David Jessop From The Jamaican Gleaner THIS WEEK IN EUROPE Prime Minister David Cameron wrote to the leaders of all of the United Kingdom’s overseas territories and crown dependencies over a week ago. They include Bermuda, British Virgin Islands,…
Fitch Expects to Rate Odebrecht Offshore Drilling Finance Ltd.’s Notes ‘BBB(EXP)’; Outlook Stable
SAO PAULO — Fitch Ratings expects to assign the following rating to the proposed issuance of notes by Odebrecht Offshore Drilling Finance Ltd. (the Issuer), a company setup in the Cayman Islands (Cayman): –Up to USD1,880,000,000 series 2013-1 senior secured…
Banking Consultant Nuciforo: Google is ‘Biggest threat’ to banking industry
By Michael Kling, Moneynews Google is threatening to disrupt the banking industry in a big way. Its products, including Search, Shopping, Offers and Wallet, are a virtual slap in the face for banks and PayPal when they are integrated with…
Cayman Islands’ investment in S. Korea tops 7.7 tln won
From Yonhap News Agency SEOUL, May 27 (Yonhap) — The Cayman Islands is the largest investor as a tax haven country in the South Korean market, data showed Monday, amid growing suspicions here that some of the money belongs to…
Bahamas residents indicted in U.S. for alleged offshore tax fraud scheme
Part-time Bahamas Duane Crithfield and Stephen Donaldson, Sr. have been criminally charged in the United States with operating a tax fraud scheme involving trust, insurance and other offshore companies in Anguilla, Nevis and the Bahamas. Read More: http://1my.r.mailjet.com/redirect/8rfbt9o0bockoqm2ygoqf1/www.offshorealert.com/duane-crithfield-foster-dunhill-stephen-donaldson-tax-fraud-indictment.aspx USA v….
CAACI hosts the Aviation Law for Managers course
George Town, Grand Cayman, (May 2012) – The Civil Aviation Authority of the Cayman Islands (CAACI) set precedent with the recent success of hosting the first International Air Transport Association (IATA) Aviation Law for Managers course in the Cayman Islands….
AsiaInfo-Linkage Inc. sells interests in two contractually controlled entities
By AsiaInfo-Linkage, Inc. BEIJING and SANTA CLARA, Calif., May 24, 2013 — /PRNewswire-FirstCall/ — AsiaInfo-Linkage, Inc. (NASDAQ: ASIA) (“AsiaInfo-Linkage” or the “Company”), a leading provider of telecommunication software solutions and services in China, and the largest Business Support System (“BSS”)…
