Cayman Islands: Automatic exchange of information – further update
Harneys From ILO Introduction Key dates for 2017 A timely reminder for CRS compliance Phasing out of UK CDOT and EU Savings Directive obligations Introduction The Cayman Islands Tax Information Authority (TIA) recently issued further updates on the compliance obligations…
Swiss want “Automatic Exchange of Financial Account Information” with Belize and 40 other states
By Adele Ramo From Amandala BELIZE CITY, Wed. June 21, 2017–Following a meeting last Friday, June 16, the Swiss Federal Council—described as a 7-member executive council which constitutes the federal government of the Swiss Confederation and serves as the collective…
Cayman Islands AEOI portal reopens – get your filings ready …
By Fiona Chandler From The Offshore Funds Blog Don’t all rush at once with your XML files, but the Cayman Islands Tax Information Authority (TIA) confirmed last week that its automatic exchange of information (AEOI) portal is now open again for…
Common reporting standard: Implementation in Asia
From DMS The Common Reporting Standard (“CRS”) is an internationally agreed standard for automatic exchange of financial account information (“AEOI”) on financial account information, endorsed by the OECD and the Global Forum for Transparency and Exchange of Information for Tax…
Switzerland eyes AEOI with 21 countries
AFP, GENEVA, Switzerland From Taipei Times Switzerland, which has been working to end its years-long practice of banking secrecy, on Thursday said it aimed to dramatically increase the number of countries it cooperates with toward international fiscal transparency. The Swiss…
Bahamas denies ‘go-slow’ approach to tax data sharing
By K. Quincy Parker Nassau Guardian Business Editor From Caribbean News Now NASSAU, Bahamas — The Bahamas has rejected outright an attack by UK publication The Economist, which claims The Bahamas’ choice to implement automatic exchange of information (AEOI) through bilateral…
Cayman Islands Financial Services Minister denies receiving letter from Miliband
Cayman Islands’ Minister of Financial Services, Wayne Panton, has said the warning letter from UK Leader of the Opposition Ed Miliband regarding the Labour Party’s intention, if it wins the UK election in May he is reportedly sending to all…
FATCA UPDATE: Cayman Islands TIA issues guidance notes
Guidance Notes on the International Tax Compliance Requirements of the Intergovernmental Agreements between the Cayman Islands and the United States of America and the United Kingdom, Version 1.0. On 22 July 2014, the Cayman Islands (‘Cayman’) Tax Information Authority (‘TIA’)…
