November 23, 2020

Cayman Islands: No obligation to file inaccurate return to avoid failure to file penalty

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By Charles (Chuck) Rubin From JDSupra Business Advisor A partnership was a partner in a Cayman Islands partnership – that investment made up most of its assets. The Cayman Islands partnership did not file a Form 1065 income tax return and did not give a Form K-1 to the taxpayer partnership, because it was determined […]