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Australia warns MNCs against using offshore marketing hubs to reduce tax burden

By Kalyan Kumar From International Business Times Faced with dwindling tax collections from multinational companies, the Australian Tax Authority has warned MNCs that the practice of using offshore marketing hubs as a mechanism to diminish tax liability will be dealt…

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Puerto Rico fails to transfer $94 million for a bond payment, putting ‘other payments in jeopardy’

By Megan Davies, Reuters From Business Insider Puerto Rico’s Public Finance Corporation (PFC) failed to transfer funds to pay the principal and interest on its bonds, according to the island’s bank and a filing on Wednesday, highlighting cash problems as…

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6 tips for planning overseas travel

By Samuel Rosenberg From Caribbean360 BRIDGETOWN, Barbados, Friday July 18, 2015 – It’s summer time and if you plan to travel abroad, it means it’s also time to plan. Your plan should include finding savings, wherever possible, so that you…

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Scotiabank official: T&T a great place to invest

By Sean Nero From The Guardian T&T The Caribbean remains a great place to invest, especially T&T, says Nick Chamie, chief investment officer for international wealth management at Scotiabank. In an interview with the T&T Guardian at a session on…

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iNews Briefs, More & Community Events

Community Events Meeting Requests with Family Support Unit at RCIPS The Family Support Unit (FSU) at the RCIPS has temporarily relocated to Elizabethan Square due to damage to the Smith Road office where it was situated. The FSU would like…

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Charities must be ‘creative’ over police fee

By Sarah Lagan From The Royal Gazette The Centre on Philanthropy has warned that fees of $100 are to be imposed for Police checks on individuals working for charities, prompting concerns some groups could rack up bills of thousands of…

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Case for Caribbean debt relief being made at international financing conference

From Curacao Chronicle ADDIS ABABA, Ethiopia – The United Nations’ Economic Commission for Latin America and the Caribbean (ECLAC) will be making a case for the International Monetary Fund (IMF) and the World Bank to give debt relief to countries…

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From Greece to the Caribbean: How to buy a private island

By Suelain Moy From The Fiscal Times As the Greek debt drama plays out, it looks like the country may be forced to sell some of its most valuable assets to pay down its overwhelming debt. High on anyone’s list…

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Hilton Hotels & Resorts expands Caribbean portfolio with opening of Hilton Aruba Caribbean Resort & Casino

New Beachfront Hilton in Palm Beach, Aruba Welcomes Travelers to One Happy Island ORANJESTAD, Aruba & MCLEAN, Va.–(BUSINESS WIRE)–Hilton Hotels & Resorts, the flagship brand of Hilton Worldwide (NYSE: HLT), announced today the opening of the 355-room Hilton Aruba Caribbean…

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BBC under the microscope as culture secretary lays out Green Paper on corporation’s future

By Tim Chester from Mashable LONDON — The government laid out plans for a full review of the BBC Thursday, launching a Green Paper on the corporation’s future ahead of its charter renewal in 2016. Culture secretary John Whittingdale, who…