April 22, 2021

Cayman Islands adopts amended CRS regulations

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By Matt Taber From Harneys The Cayman Islands’ commitment to international transparency standards has been reinforced by its adoption of amended Common Reporting Standards regulations in December 2016 to ensure effective implementation of the OECD’s Common Reporting Standards in the Cayman Islands. Why have the Common Reporting Standards regulations been amended? The Tax Information Authority […]

Common Reporting Standards come into effect for many offshore funds on January 1, 2016

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By Ropes & Gray LLP From Lexology Cayman Islands, OECD December 28 2015 On January 1, 2016, the new standard for automatic exchange of information between tax authorities developed by the OECD (the “Common Reporting Standard”) becomes effective in the Cayman Islands, Bermuda, the British Virgin Islands, Guernsey, Jersey and a number of other jurisdictions that […]