Electric cars to get 10% import reduction
At a press conference organised by the Premier’s Office of the Cayman Islands on Tuesday (18) Hon. McKeeva Bush announced he would authorise a 10 per cent import duty reduction for electric cars and motorcycles. This initial duty reduction means…
Offshore firms challenge Cayman’s production of records to Australia under TIEA for tax evasion investigation
Offshore firms claim Cayman Islands Tax Information Authority acted illegally when providing information to Australian Taxation Authority. Three offshore companies domiciled in the Cayman Islands and the Bahamas yesterday filed a legal challenge to a decision by the Cayman Islands…
Reid: ‘Romney only wants to be president of half the United States’
By Seung Min Kim Senate Majority Leader Harry Reid – who’s clearly relishing the role as Mitt Romney’s top antagonist this campaign season – pulled out all his greatest hits against the GOP presidential candidate in a blistering floor speech…
Singer Shakira being sued in Cayman Islands
See the following just announced stories: Colombian singer Shakira sued in Cayman by ex-boyfriend/manager Antonio de la Rua Antonio de la Rua, the son of a former president of Argentina, is suing his former girlfriend – world-renowned Colombian singer Shakira…
CIBC FirstCaribbean supports the fight against cancer
Kevin and Christian in Barbados lost a parent to cancer. Keturah in the Bahamas and Shadden in Grand Cayman are walking for loved ones lost, while Sharon in Antigua celebrates her mother’s triumph over cancer. Throughout the 17 countries where…
Did you know about this law re our Special Economic Zones – Cayman Enterprise City?
Cayman create Nowhere Land Posted by: Nick Shaxson Sep 13 2011 Something I’ve just written up for the blog of the Task Force on Financial Integrity & Economic Development. It chimes with a lot of what I say in Treasure…
Tax Reform: Lessons from the Cayman Islands
By Douglas Holtz-Eakin The Cayman Islands have taken a public-relations beating this U.S. electoral season — a poor reward for developing a sensible business model in the complicated world of international finance. Rather than demonizing those who use Cayman subsidiaries, U.S….
Maples and Calder Supports Youth Volleyball
Maples and Calder recently supported the Cayman Islands Volleyball Federation’s Youth Development Program by sponsoring a hole and two carts at their “Take a Kid To Golf” fundraising event on 10 August. This unique golf event focussed on fun rather…
US tax ruling threatens commodity mutual funds in the Cayman Islands
Another story on this serious problem that is looming for us Commodity prices could come under severe pressure if the US Internal Revenue Service (IRS) decides to revoke previous rulings that have allowed mutual funds to pour over $50-billion into…
Cayman Islands new work permit fees
Following a revision to the Cayman Island budget, higher work permit fees entered into force on September 13, 2012, the government has confirmed. The changes, introduced as part of the islands’ revised budget, are contained in the Immigration (Amendment) (No….
