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The future of the Commonwealth Parts 1 & 2

The future of the Commonwealth – Part 1 By Sir Ronald Sanders From CARIBBEAN360 BRIDGETOWN, Barbados, Thursday June 25, 2015 – Questioning the relevance and value of the Commonwealth of Nations is nothing new – for such has occurred ever…

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Jeffrey Webber’s Cayman Islands insurance shelter nixed by tax court

By Peter J Reilly From Forbes So here is a truly brilliant, if slightly ghoulish tax plan. Jeffrey Webber is a venture-capital investor and private-equity fund manager. His advisor, William Lipkind, came up with a vehicle that would not only…

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MNCs park profit in Singapore, Hong Kong

From The Telegraph Calcutta India Calcutta, July 5: Singapore and Hong Kong, with their low corporate tax rates, have started to hove into view on the radars of multinational companies that are looking to lower their tax burdens through profit…

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Petition to stop Plasma Gasification waste to Energy Plant in Barabdos

Abandon the proposal to build a $700M Plasma Gasification Plant in Barbados. From Heather Cole St. Augustine, FL Having received no information from the Government of Barbados regarding its proposal to develop a Waste to Energy Facility at the Mangrove…

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What people are noticing about Jeb Bush’s tax returns… [Cayman Islands is mentioned]

factivists dnc From Capital Soup “Transparency”: “The staging and packaging of this document dump was a sleight of hand aiming to distract from the disclosures themselves — the fact that Bush is very much a one-percenter who has aggressively monetized…

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Digicel pushes the growth story as stock market flotation looms

By Nick Webb From Independent IE Denis O’Brien must persuade investors he can turn Digicel from a regional mobile operator into a full service telecoms and media behemoth Denis O’Brien’s timing is good. The wider telecoms, broadband and media IPO…

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Six year sentence for Chicago Ponzi schemer who stole $9 million

By Becky Schlikerman From Chicago Sun-Times Neal Goyal went so far in his masquerade as a hedge fund manager that he set up computer monitors as props to help him pretend to trade the money investors entrusted him with. But…

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Greece debt crisis: Finance Minister Varoufakis resigns

From BBC   Greece’s outspoken finance minister has resigned, hours after voters backed his call to reject creditors’ demands for more austerity in a referendum. Yanis Varoufakis said it was felt his departure would be helpful in finding a solution…

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Solar Impulse 2 sets record with five-day solar-powered flight

BY MEGAN SPECIA From Mashable After a five-day flight across the Pacific Ocean, the Solar Impulse 2 arrived in Hawaii on Friday, breaking the world record for longest nonstop solo flight. Powered entirely by the sun, its journey from Japan…

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CIMA appoints two new Deputy Heads

GRAND CAYMAN (Wednesday, 1 July 2015) The Cayman Islands Monetary Authority (CIMA) is pleased to announce the appointment of two senior officials: Mr. Razaak ‘Raz’ Busari as Deputy Head of Insurance Supervision Division as of 22 June 2015, and Mr….